Elder Triple Screen Strategy

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Viewing 13 posts - 31 through 43 (of 43 total)
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  • 01/11/2022 at 11:20 AM #185093
    GraHal
    ZeroCafeine wrote:

    what is mean A66

    If you look in the optimiser variables list you will see A66 as one of the variables. It is just my quick way of describing a variable,  A66 means the variable is on Line 66 (or should be, but if a line of code is added then A66 will be on Line 67).

    Re your other questions, I do loads of manual trading and on a 1 min TF I have a feel for what value I should be taking profit or exiting at a loss. Hence my use of ploss and pprofit … it gives me a feel of whether the 1 min strategy is trading the 1 min TF.

    If for example, pproft is many 100’s then the strategy has (probably)  locked onto / been optimised for some trades that are not correct for a 1 min TF and may very well not occur again in Real Live Forward Test.

    Whereas the 1 min TF is going up and down by 35 to 70 points all day every day and so will repeat in Real Live Forward Test.

    1 user thanked author for this post.
    avatar ZeroCafeine
    01/16/2022 at 12:28 PM #185606
    ZeroCafeine

    tks for your answer, I will read again your message and reply to you, I found this video it’s realy good about the 3 screen methode, it’s sure you can change the methode a little, but it’s very good,
    1 screen the direction of trend (difine profit in this screen)
    2 screen you have to find a divergence (define SL in this screen or the third one maybe)
    3 you can use price action for enter

    1 user thanked author for this post.
    avatar GraHal
    01/19/2022 at 12:47 PM #185910
    ZeroCafeine

    Tks for your answer, what strategy did you use used, I tryed yesterday and I don’t get the same results of you ?

    And also did add spread and transaction fees ? And with equity did you use on your back testing? Because I’m learning and I do some test for me and I saw if I use some money management rules inside my code, so the back test don’t use the same equity you used in the software parameters, I will put some pictures for you

    01/19/2022 at 1:22 PM #185917
    GraHal
    ZeroCafeine wrote:

    Tks for your answer, what strategy did you use used, I tryed yesterday and I don’t get the same results of you ?

    It helps if you add the name of the person you are asking? Don’t put @ in front (as @ is reserved for high priority questions etc) just add the name like GraHal.

    I thought you were asking me, but I haven’t posted any results?

    01/24/2022 at 3:36 PM #186458
    ZeroCafeine

    hi GraHal, I hope you are fine 😉

    So i’m trying your strategy and doing backtest on M5 on Allemagne 40 Cash (1€) – 5 Minutes, with a spread of 2, I add the photo 01, 02 and 03

    • pic 01 : initial capital of 10K and spread of 2 and no fees per order, and that is my first question, they haven’t fees when you trade CFD, I’m totaly new on this so sorry for my question
    • pic 02 the backtest detail, for me it’s very bad, the ration is 1.12 and with this ration the minimum winrate is 50% just for maybe going flat,and as you can see you win only in the 24% of time, so that is mean in my understanding the Win trade is more bigger then the lost trading in equity (sorry for my english)
    • pic 03, you can see I add a mesure from the begining to the end and they have a win of 24% from the first position, that is mean if we just buy and hold we have +24,47%, and with our back testing we have only 7%

    maybe I’m wrong on somethink, and if we have the trading fees to add of all this, I think it’s it will be a very bad strategy, I will go to see the code of strategy what it exactely do and come back to this thread, in my first opinion we can Not just inverst a long condition for shorting, and second think it’s too dangerous  and crazy to short on a going ip market

     

    I hope I’m clear,

    Best Regards

    01/24/2022 at 3:51 PM #186464
    GraHal
    ZeroCafeine wrote:

    i’m trying your strategy

    That’s not my code / strategy.

    When next you post, add the link of the post number where you got the code from?

    01/24/2022 at 10:47 PM #186521
    ZeroCafeine
    GraHal wrote:

    Screeners always have to have more code added to use as a bot, but generally this is an easy task.

    Attached 2 versions for the Triple Screener as a bot … please see if you can improve and share with us all on this Topic.

    Note:

    1. For the 1 min version, optimisation is for 10k bars, identified by 10k at end of bot title.
    2. For the 5 min version, optimisation looks like it is for 100k bars, but I can’t recall as I did it a few days ago and I didn’t add 100k at end of the title on that day. I just added 100k now for clarity, but let us know how you get on?

    I’m talking about this one : “Elder3Screen-M5-v1gh-100K.itf”

     

    The one you linkedt o your message

    01/25/2022 at 9:06 AM #186541
    GraHal

    Ah yes I recall now, you were wanting a Screener converted to a bot so I did it for you. The screener code was not mine. I was only showing you how to convert from screener to an auto-strategy.

    Have you managed to make any improvements to share with us?

    1 user thanked author for this post.
    avatar ZeroCafeine
    01/25/2022 at 1:52 PM #186589
    ZeroCafeine
    GraHal wrote:

    Ah yes I recall now, you were wanting a Screener converted to a bot so I did it for you. The screener code was not mine. I was only showing you how to convert from screener to an auto-strategy.

    Have you managed to make any improvements to share with us?

    ok, Now I understand, so again tks you for your answer and help, I thought it was your own strategy created from Roberto’s strategy
    and you asked me about any improvements, now nothink because I have first to understand CFD, I haven’t any idea, and nothink is a secret for me so I will share all what I know, I will first ask about IG CFD product and how to trade indices like DAX, NDX, SP5, …. because any strategy have to include the fees and a good money managment,  making just backtest for dreaming it’s my target, and I will keep my strategy secret maybe when I will win more the 1 000 000 € (Now I have 1000€ 🙂 ), I’m so Far

    if you can for exemple chose for me some good strategy from the free Library here  and we can talk about or do some improvement
    of you share with some free strategy from library and we can work on together

    I ‘m here for learning and sharing

     

    01/25/2022 at 8:49 PM #186620
    GraHal

    Do you have a Demo Account? You must do as we all have. 🙂

    Your best way to learn is to set 25 strategies (from the free library on here) running on your Demo Account, then each day review how they are running, how they enter trades, how they exit trades etc  and if you can live with the resultant drawdown etc etc.

    Also make improvements to the strategies and then set running your version and compare against the version from the library.

    6 years on (like me ) with nearly 7,000 strategies tested you may have an idea of what is good or not good!? 🙂

    Some of the daftest strategies seem to work better than some of the most eloquent coding consisting of many 100’s of lines of code … so don’t be afraid to try any ‘daft idea’! 🙂

    2 users thanked author for this post.
    avatar PLermite, avatar ZeroCafeine
    02/19/2023 at 11:01 AM #209945
    FrPoisson

    Thank you Roberto,

    I am beginner on PRT.

    How  can I change ou original TF 4h-1h-15min to Weekly-Daily-2 hours ? Would be much apprecated.

    Thank you

     

    02/19/2023 at 11:54 AM #209949
    Mauro T. “Algorithm System”

    It is put like this:

    If the Time Frame is what you want to use it’s 2 hours you can put it like this:

    HI

    Mauro T. “Algorithmic system”

    02/19/2023 at 11:56 AM #209951
    GraHal

    Here is Line 8 from Roberto code changed from 4 Hour to Weekly … does it help you?

     

    1 user thanked author for this post.
    avatar robertogozzi
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