GH FibRetrace DAX 1Hour

• 04/11/2017 at 10:45 PM #31799
  GraHal

  Hello Fellow Traders

  Attached – Fibonaci  61.8% Retrace System for Dax 1H.

  Backtest results shown are Spreadbet (@ £1 per point) with a 2 point spread.

  Please BackTest over 200K bars (I have max 100K bars) and post results on here.

  Please code up improvements and post on here.

  Cheers
  GraHal

  //Author: GraHal (inspiration & thanks to Nicolas for his Fib Screener) //Fibonacci 61.8% Retrace Auto-System for DAX 1 Hour DEFPARAM CUMULATEORDERS = False hh = highest[100](high) ll = lowest[110](low) fib618 = (hh-ll)*0.618 //GO LONG LONGlevel618 = hh-fib618 LONGnearpercent = ABS(1-(close/LONGlevel618))*100 If Close > Average[200](close) AND LONGnearpercent < 0.004 Then Buy 1 Contract at Market Endif //EXIT LONG If LONGonmarket Then SET TARGET PPROFIT 135 SET STOP PLOSS 60 Endif //GO SHORT SHORTlevel618 = ll+fib618 SHORTnearpercent = ABS(1-(close/SHORTlevel618))*100 If Close < Average[165](close) AND SHORTnearpercent < 0.004 Then SellShort 1 Contract at Market Endif //EXIT SHORT If SHORTonmarket Then SET TARGET PPROFIT 190 SET STOP PLOSS 60 Endif

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  //Author: GraHal (inspiration & thanks to Nicolas for his Fib Screener) //Fibonacci 61.8% Retrace Auto-System for DAX 1 Hour   DEFPARAM CUMULATEORDERS = False   hh = highest[100](high) ll = lowest[110](low) fib618 = (hh-ll)*0.618   //GO LONG LONGlevel618 = hh-fib618 LONGnearpercent =  ABS(1-(close/LONGlevel618))*100 If Close > Average[200](close) AND LONGnearpercent < 0.004 Then Buy 1 Contract at Market Endif   //EXIT LONG If LONGonmarket Then SET TARGET PPROFIT 135 SET STOP PLOSS 60 Endif   //GO SHORT SHORTlevel618 = ll+fib618 SHORTnearpercent =  ABS(1-(close/SHORTlevel618))*100 If Close < Average[165](close) AND SHORTnearpercent < 0.004 Then SellShort 1 Contract at Market Endif   //EXIT SHORT If SHORTonmarket Then SET TARGET PPROFIT 190 SET STOP PLOSS 60 Endif

   

  

  GraHal

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  04/12/2017 at 5:10 PM #31873
  Nicolas

  Your 100k bars optimisation of moving average periods, takeprofit and stoploss values has introduce a bias for this period. Even if the overall result is not so bad, I suggest a WF analysis with Out of Sample tests 🙂 Done with TP/SL and highest high / lowest low period in the first example (with a 200SMA for your exit conditions) and with the SMA period too in the second example attached.

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  GraHal

  

  Nicolas

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