Convert 15min strategy to 1min

• 09/21/2017 at 2:43 PM #46825
  OscJoh

  Hi,

  I’m glad I found this forum! I have a question about strategy development.

  I have a system in PRT which looks promising in Dax 15min bars time-frame. When price hits  a certain level I want to buy – but by default I will buy at next bar open which is aprox 15 minutes later at worst. Could it be possible to convert my strategy and all indicators to 1min time-frame instead to avoid this long delay? If so, how?

  Do I just multiply all periods my indicators use (ATR and ADX) by 15 to get the new value to be used in 1-min time-frame? I think it should be possible but I’m afraid I’m missing something critical and thought I’d be better to ask.

  Might be worth to also mention that I have customized time-template to avoid night session (09.00 – 1730).

  Thank you.

  

  OscJoh

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  09/21/2017 at 3:11 PM #46827
  Despair

  Multiplying indicator periods is about what you should do. Did you try to just run it on a 1min chart?

  

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  09/21/2017 at 3:36 PM #46832
  OscJoh

  Ok thanks, sounds easy enough! Yes looked promising but was hard to draw conclusions based on the very small historical data available in the 1min-chart (using IG as broker).

  

  OscJoh

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  09/21/2017 at 3:46 PM #46837
  Despair

  This is always the problem. If you go for shorter timeframes, we have very little data and the backtests are painfully slow.

  Anyway do you have the premium version of PRT (it says so if you have in the upper right corner of your screen)? With the premium version you have more data (but never enough).

  

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  09/22/2017 at 7:40 AM #46872
  OscJoh

  Yeah I can definitely see that.

  Nay, nothing I was aware existed. I asked IG support if more data was available somehow but got no for an answer. Perhaps the deal is different for different countries?

  Anyways, I’ll need to do some more investigation on this with converting the indicator periods. I do hope it is, but I’m still not 100% sure it’s as simple as multiplying the periods used in the indicators. For an easy example a Simple Moving Average indicator would be based on the close of each 15min candle – if you “convert” this to minute time-frame by simply adding more minute bars into the calculation you are looking at more data and it would give more “resolution” to the curve. I hope that makes sense?

  

  OscJoh

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  09/22/2017 at 10:06 AM #46896
  Despair

  As it looks like we live in the same country. If you signed up directly through IG you have probably one the standard version of PRT. If you sign up through PRT in the UK directly you can get the premium version.

  However if you have something you want to test on more data I can do this for you.

  Then you are right. It is not 1:1 if you just multiply the periods. You might have to make changes.

  

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  09/22/2017 at 10:44 AM #46905
  Henrik

  Hi!

  if you use time time to then you get the same resulution, isn’t that right Dispair?

  

  Henrik

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  09/22/2017 at 11:58 AM #46914
  OscJoh

  Ok cool, didn’t know that. If I manage to get the conversion going I might ask for a longer backtest 🙂 Thanks for the offer.

  Henrik, could you elaborate? Don’t follow.

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  OscJoh

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