// Strategy Name : END OF DAY - YEN
// Version : 8.0
// Information : Adding MFE
// Stroks : USD/JPY Mini
// Initial Capital : 100 000 JPY
// Test on : 50K Candles
// Spread : 2
// ########################################################################
Defparam cumulateorders = false
Once Capital = 100000
Once Equity = Capital
ONCE MFE=0
SL = 12
Period = 12
Spread = 2
// ########################################################################
// ______ _ __
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// CANDLE REFERENCE to 210000
IF Time = 210000 THEN
Amplitude = Highest[Period](High) - Lowest[Period](Low)
Opening = Close
ENDIF
// LONGS & SHORTS
IF Not LongOnMarket AND Time >= 210000 AND Time <= 231500 AND DayOfWeek < 5 THEN
Buy N Shares AT (Opening - Amplitude * 0.5) Limit
ENDIF
IF LongOnMarket Then
Set Stop pLoss SL
ENDIF
// ########################################################################
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// |___/
once trailinstop= 0 //1 on - 0 off
trailingstart = 140 //trailing will start @trailinstart points profit
trailingstep = 10 //trailing step to move the "stoploss"
///2 BREAKEAVEN///////////
once breakeaven = 0 //1 on - 0 off
startBreakeven = 30 //how much pips/points in gain to activate the breakeven function?
PointsToKeep = 5 //how much pips/points to keep in profit above of below our entry price when the breakeven is activated (beware of spread)
//reset the stoploss value
IF NOT ONMARKET THEN
newSL=0
breakevenLevel=0
// MFE
MAXPRICEMFE = 0
priceexitMFE = 0
Maxfloatingprofit = 0
ENDIF
//manage long positions
IF LONGONMARKET THEN
//first move (breakeven)
IF newSL=0 AND close-tradeprice(1)>=trailingstart*pipsize THEN
newSL = tradeprice(1)+trailingstep*pipsize
ENDIF
//next moves
IF newSL>0 AND close-newSL>=trailingstep*pipsize THEN
newSL = newSL+trailingstep*pipsize
ENDIF
ENDIF
//stop order to exit the positions
IF newSL>0 THEN
SELL AT newSL STOP
ENDIF
//test if the price have moved favourably of "startBreakeven" points already
IF LONGONMARKET AND close-tradeprice(1)>=startBreakeven*pipsize THEN
//calculate the breakevenLevel
breakevenLevel = tradeprice(1)+PointsToKeep*pipsize
ENDIF
//place the new stop orders on market at breakevenLevel
IF breakevenLevel>0 THEN
SELL AT breakevenLevel STOP
ENDIF
IF Equity < 100000 Then
TRAILINGMFE = 10
MFE = 1
N = 3
ELSIF Equity >= 100000 AND Equity < 120000 Then
TRAILINGMFE = 20
MFE = 1
N = 5
ELSIF Equity >= 120000 AND Equity < 150000 Then
TRAILINGMFE = 30
MFE = 1
N = 8
ELSIF Equity >= 150000 AND Equity < 180000 Then
TRAILINGMFE = 40
MFE = 1
N = 10
ELSIF Equity >= 180000 Then
MFE = 0
N = 15
ENDIF
if MFE>0 then
if longonmarket then
MAXPRICEMFE = MAX(MAXPRICEMFE,close) //saving the MFE of the current trade
if MAXPRICEMFE-tradeprice(1)>=TRAILINGMFE*pointsize then //if the MFE is higher than the trailingstop then
priceexitMFE = MAXPRICEMFE-TRAILINGMFE*pointsize //set the exit price at the MFE - trailing stop price level
endif
endif
if onmarket and priceexitMFE>0 then
SELL AT priceexitMFE STOP
endif
endif
floatingprofit = (((close-positionprice)*pointvalue)*countofposition)/pipsize //actual trade gains
Maxfloatingprofit = Max(Maxfloatingprofit,floatingprofit)
IF LongOnMarket Then
IF COUNTOFLONGSHARES > 3 AND floatingprofit < floatingprofit[1] Then
Sell 1 Share AT Market
ENDIF
ENDIF
//IF LongOnMarket Then
//IF COUNTOFLONGSHARES > 1 AND Maxfloatingprofit > Maxfloatingprofit[1] Then
//Sell 1 Share AT Market
//ENDIF
//ENDIF
// ########################################################################
// _____ _
// / ____| | |
// | | __ _ __ __ _ _ __ | |__
// | | |_ | '__/ _` | '_ \| '_ \
// | |__| | | | (_| | |_) | | | |
// \_____|_| \__,_| .__/|_| |_|
// | |
// |_|
// Drawing Trailing Stop
IF OnMarket AND newSL > 0 Then
TrailingSL = newSL
FirstSL = TradePrice - SL * pipsize
//EntryPrice = TradePrice
ELSE
TrailingSL = Undefined
//FirstSL = Undefined
//EntryPrice = Undefined
ENDIF
Graph PositionPerf * 100 AS "PositionPerf"
//Graph PositionPerf(1) * 100 AS "PositionPerf[1]"
//Graph floatingprofit AS "floatingprofit"
//GraphOnPrice TradePricecoloured(0,220,0) AS "Long Trade Price"
//// Draw Equity
//Graph Equity AS "Equity"
//Graph Capital AS "Capital"
// ########################################################################
// _____ _ _____ _
// / ____| | / ____| | |
// | (___ | |_ ___ _ __ | (___ _ __ __ _| |_ ___ __ _ _ _
// \___ \| __/ _ \| '_ \ \___ \| '__/ _<code>| __/ _ \/ _</code> | | | |
// ____) | || (_) | |_) | ____) | | | (_| | || __/ (_| | |_| |
// |_____/ \__\___/| .__/ |_____/|_| \__,_|\__\___|\__, |\__, |
// | | __/ | __/ |
// |_| |___/ |___/
MaxDrawDownPercentage = 40 // Max DrawDown of x%
Equity = Capital + StrategyProfit
HighestEquity = Max (HighestEquity,Equity) // Save the Maximum Equity we got
MaxDrawdown = HighestEquity * (MaxDrawDownPercentage/100)
ExitFromMarketCond = Equity <= HighestEquity - MaxDrawdown
IF ExitFromMarketCond Then
Quit
ENDIF
.
