Help with a simple trading strategy

• 06/20/2016 at 12:21 PM #9587
  Massimiliano Papera

  Hello.

  I m jut trying to use a simple TS (please see below) on my IG demo account, with the idea that if it works I will switch it over onto the live one. However, I have been trying to backtest it and occasionally trades are not taken even though the signal is there. I am new at programming in PRT and I am not sure I have coded well. Can any one help me?

  Apologies in advance is this is not the right place to post this

  Thanks

   

  // Definition of code parameters DEFPARAM CumulateOrders = False// Cumulating positions deactivated // Conditions to enter long positions indicator1 = ExponentialAverage[5](close) indicator2 = ExponentialAverage[100](close) c1 = (indicator1 CROSSES OVER indicator2) indicator3 = ExponentialAverage[5](close) indicator4 = ExponentialAverage[200](close) c2 = (indicator3 CROSSES OVER indicator4) IF c1 AND c2 THEN BUY 1 PERPOINT AT MARKET ENDIF // Conditions to exit long positions indicator5 = ExponentialAverage[5](close) indicator6 = ExponentialAverage[100](close) c3 = (indicator5 CROSSES UNDER indicator6) IF c3 THEN SELL AT MARKET ENDIF // Conditions to enter short positions indicator7 = ExponentialAverage[5](close) indicator8 = ExponentialAverage[100](close) c4 = (indicator7 CROSSES UNDER indicator8) indicator9 = ExponentialAverage[5](close) indicator10 = ExponentialAverage[200](close) c5 = (indicator9 CROSSES UNDER indicator10) IF c4 AND c5 THEN SELLSHORT 1 PERPOINT AT MARKET ENDIF // Conditions to exit short positions indicator11 = ExponentialAverage[5](close) indicator12 = ExponentialAverage[100](close) c6 = (indicator11 CROSSES OVER indicator12) IF c6 THEN EXITSHORT AT MARKET ENDIF // Stops and targets SET STOP pLOSS 150

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  // Definition of code parameters DEFPARAM CumulateOrders = False// Cumulating positions deactivated   // Conditions to enter long positions indicator1 = ExponentialAverage[5](close) indicator2 = ExponentialAverage[100](close) c1 = (indicator1 CROSSES OVER indicator2)   indicator3 = ExponentialAverage[5](close) indicator4 = ExponentialAverage[200](close) c2 = (indicator3 CROSSES OVER indicator4)   IF c1 AND c2 THEN BUY 1 PERPOINT AT MARKET ENDIF   // Conditions to exit long positions indicator5 = ExponentialAverage[5](close) indicator6 = ExponentialAverage[100](close) c3 = (indicator5 CROSSES UNDER indicator6)   IF c3 THEN SELL AT MARKET ENDIF   // Conditions to enter short positions indicator7 = ExponentialAverage[5](close) indicator8 = ExponentialAverage[100](close) c4 = (indicator7 CROSSES UNDER indicator8)   indicator9 = ExponentialAverage[5](close) indicator10 = ExponentialAverage[200](close) c5 = (indicator9 CROSSES UNDER indicator10)   IF c4 AND c5 THEN SELLSHORT 1 PERPOINT AT MARKET ENDIF   // Conditions to exit short positions indicator11 = ExponentialAverage[5](close) indicator12 = ExponentialAverage[100](close) c6 = (indicator11 CROSSES OVER indicator12)   IF c6 THEN EXITSHORT AT MARKET ENDIF   // Stops and targets SET STOP pLOSS 150

   

  

  Massimiliano Papera

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  06/20/2016 at 1:05 PM #9591
  Nicolas

  Hello,

  I have moved your question in a new topic.

  About your problem, you are trying to test moving average cross conditions of 3 of them at the same time (moving average 5, 100 and 200 in conditions c1,c2,c4,c5) which will rarely occur! So I believe that’s where is the trouble with your tests.

  

  Nicolas

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  06/20/2016 at 1:17 PM #9595
  Massimiliano Papera

  Hi,

   

  thanks for getting back to me,

   

  I have tried to use a cross over system with two EMA (5 and 200); however, when the market is going sideways (I trade the dax) the trading system starts opening position up and down, losing profits.  I was trying to make it open position only in the event of a bigger move by adding a 100 EMA. Do you know any command or any script in the forum that could help me?

   

  thanks
  Massimiliano

  

  Massimiliano Papera

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