NOT SURE HOW TO USE THE OPTMIZE

• 11/22/2024 at 3:50 PM #240659
  Patrick K Templar

  IV ADD THE FILE Basically what I’ve done is all I want to do is optimize the risk management i’ve put a basic 20 moving average price goes above it by price goes below itself but all I really want to do is try to work out how to use the optimizer at the same time so any help I would appreciate it

  // Prevent multiple order// Prevent multiple orders in the same direction defparam cumulateorders = false ONCE N = 1 PointsToKeep = 10 // How much pips/points to secure above or below entry price when breakeven is activated // Reset variables when no trades are active IF NOT ONMARKET THEN breakevenLevel = 0 newSL = 0 ENDIF // --- Long Trade Logic --- indicator1 = ExponentialAverage[20](close) c1 = (close CROSSES OVER indicator1) // Define indicator for long // Condition for long entry IF c1 AND NOT OnMarket THEN // Define ATR-Based Stops and Targets for Long Trades Tp = AverageTrueRange[14](CLOSE) * A // Take-profit level 1 Tp2 = AverageTrueRange[14](CLOSE) * B // Take-profit level 2 Tp3 = AverageTrueRange[14](CLOSE) * C // Take-profit level 3 St = AverageTrueRange[14](CLOSE) * D // Stop-loss Ts = AverageTrueRange[14](CLOSE) * E // Trailing stop activation level startBreakeven = Tp trailingstart = Ts trailingstep = St * pipsize BUY 4 PERPOINT AT MARKET SET STOP PLOSS St * pipsize N = 1 ENDIF // Manage Breakeven for Long Trades IF LONGONMARKET AND abs(CountOfPosition) = 3 AND close - TRADEPRICE(N) >= startBreakeven * pipsize THEN breakevenLevel = TRADEPRICE(N) + PointsToKeep * pipsize ENDIF // Partial Profit-Taking for Long Trades IF LONGONMARKET AND CLOSE >= (TRADEPRICE(N) + Tp) AND abs(CountOfPosition) = 4 THEN SELL 1 PERPOINT AT MARKET N = 2 ENDIF IF LONGONMARKET AND CLOSE >= (TRADEPRICE(N) + Tp2) AND abs(CountOfPosition) = 3 THEN SELL 1 PERPOINT AT MARKET N = 3 ENDIF IF LONGONMARKET AND CLOSE >= (TRADEPRICE(N) + Tp3) AND abs(CountOfPosition) = 2 THEN SELL 1 PERPOINT AT MARKET N = 4 ENDIF // Trailing Stop Management for Long Trades IF LONGONMARKET THEN IF newSL = 0 AND close - TRADEPRICE(N) >= trailingstart * pipsize THEN newSL = high - trailingstep * pipsize ENDIF IF newSL > 0 AND close - newSL >= trailingstep * pipsize THEN newSL = high - trailingstep * pipsize ENDIF ENDIF // Exit at Breakeven or Trailing Stop for Long Trades IF breakevenLevel > 0 THEN SELL AT breakevenLevel STOP ENDIF IF newSL > 0 THEN SELL AT newSL STOP ENDIF // --- Short Trade Logic --- indicator2 = ExponentialAverage[20](close) Sc1 = (close CROSSES UNDER indicator2)// Define indicator for short (same as long, used inversely) // Condition for short entry IF Sc1 AND NOT OnMarket THEN // Define ATR-Based Stops and Targets for Short Trades Tp = AverageTrueRange[14](CLOSE) * A // Take-profit level 1 Tp2 = AverageTrueRange[14](CLOSE) * B // Take-profit level 2 Tp3 = AverageTrueRange[14](CLOSE) * C // Take-profit level 3 St = AverageTrueRange[14](CLOSE) * D // Stop-loss Ts = AverageTrueRange[14](CLOSE) * E // Trailing stop activation level startBreakeven = Tp trailingstart = Ts trailingstep = St * pipsize SELLSHORT 4 PERPOINT AT MARKET SET STOP PLOSS St //* pipsize N = 1 ENDIF // Manage Breakeven for Short Trades IF SHORTONMARKET AND abs(CountOfPosition) = 3 AND TRADEPRICE(N) - close >= startBreakeven * pipsize THEN breakevenLevel = TRADEPRICE(N) - PointsToKeep * pipsize ENDIF // Partial Profit-Taking for Short Trades IF SHORTONMARKET AND CLOSE <= (TRADEPRICE(N) - Tp) AND abs(CountOfPosition) = 4 THEN EXITSHORT 1 PERPOINT AT MARKET N = 2 ENDIF IF SHORTONMARKET AND CLOSE <= (TRADEPRICE(N) - Tp2) AND abs(CountOfPosition) = 3 THEN EXITSHORT 1 PERPOINT AT MARKET N = 3 ENDIF IF SHORTONMARKET AND CLOSE <= (TRADEPRICE(N) - Tp3) AND abs(CountOfPosition) = 2 THEN EXITSHORT 1 PERPOINT AT MARKET N = 4 ENDIF // Trailing Stop Management for Short Trades IF SHORTONMARKET THEN IF newSL = 0 AND TRADEPRICE(N) - close >= trailingstart * pipsize THEN newSL = low - trailingstep * pipsize ENDIF IF newSL > 0 AND TRADEPRICE(N) - newSL >= trailingstep * pipsize THEN newSL = low - trailingstep * pipsize ENDIF ENDIF // Exit at Breakeven or Trailing Stop for Short Trades IF breakevenLevel > 0 THEN EXITSHORT AT breakevenLevel STOP ENDIF IF newSL > 0 THEN EXITSHORT AT newSL STOP ENDIF // --- Visualization for Long and Short Trades --- GraphOnPrice newSL coloured("red") AS "Trailing Stop" // Trailing stop is now red for clarity GraphOnPrice breakevenLevel coloured("orange") AS "Breakeven Level" // Breakeven level remains orange // Visualization for Long Trades IF LONGONMARKET THEN GraphOnPrice (TradePrice(N) + Tp) coloured("lightgreen") AS "Long Exit 1" // TP1 (light green) GraphOnPrice (TradePrice(N) + Tp2) coloured("green") AS "Long Exit 2" // TP2 (green) GraphOnPrice (TradePrice(N) + Tp3) coloured("darkgreen") AS "Long Exit 3" // TP3 (dark green) GraphOnPrice (TradePrice(N) - St) coloured("red") AS "Stop" // Stop-loss (red) ENDIF // Visualization for Short Trades IF SHORTONMARKET THEN GraphOnPrice (TradePrice(N) - Tp) coloured("lightblue") AS "Short Exit 1" // TP1 (light blue) GraphOnPrice (TradePrice(N) - Tp2) coloured("blue") AS "Short Exit 2" // TP2 (blue) GraphOnPrice (TradePrice(N) - Tp3) coloured("darkblue") AS "Short Exit 3" // TP3 (dark blue) GraphOnPrice (TradePrice(N) + St) coloured("red") AS "Stop" // Stop-loss (red) ENDIF

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  // Prevent multiple order// Prevent multiple orders in the same direction defparam cumulateorders = false ONCE N = 1   PointsToKeep = 10 // How much pips/points to secure above or below entry price when breakeven is activated   // Reset variables when no trades are active IF NOT ONMARKET THEN breakevenLevel = 0 newSL = 0 ENDIF   // --- Long Trade Logic --- indicator1 = ExponentialAverage[20](close) c1 = (close CROSSES OVER indicator1) // Define indicator for long        // Condition for long entry   IF c1 AND NOT OnMarket THEN // Define ATR-Based Stops and Targets for Long Trades Tp  = AverageTrueRange[14](CLOSE) * A   // Take-profit level 1 Tp2 = AverageTrueRange[14](CLOSE) * B  // Take-profit level 2 Tp3 = AverageTrueRange[14](CLOSE) * C  // Take-profit level 3 St  = AverageTrueRange[14](CLOSE) * D   // Stop-loss Ts  = AverageTrueRange[14](CLOSE) * E   // Trailing stop activation level   startBreakeven = Tp trailingstart = Ts trailingstep = St * pipsize   BUY 4 PERPOINT AT MARKET SET STOP PLOSS St * pipsize N = 1 ENDIF   // Manage Breakeven for Long Trades IF LONGONMARKET AND abs(CountOfPosition) = 3 AND close - TRADEPRICE(N) >= startBreakeven * pipsize THEN breakevenLevel = TRADEPRICE(N) + PointsToKeep * pipsize ENDIF   // Partial Profit-Taking for Long Trades IF LONGONMARKET AND CLOSE >= (TRADEPRICE(N) + Tp) AND abs(CountOfPosition) = 4 THEN SELL 1 PERPOINT AT MARKET N = 2 ENDIF   IF LONGONMARKET AND CLOSE >= (TRADEPRICE(N) + Tp2) AND abs(CountOfPosition) = 3 THEN SELL 1 PERPOINT AT MARKET N = 3 ENDIF   IF LONGONMARKET AND CLOSE >= (TRADEPRICE(N) + Tp3) AND abs(CountOfPosition) = 2 THEN SELL 1 PERPOINT AT MARKET N = 4 ENDIF   // Trailing Stop Management for Long Trades IF LONGONMARKET THEN IF newSL = 0 AND close - TRADEPRICE(N) >= trailingstart * pipsize THEN newSL = high - trailingstep * pipsize ENDIF IF newSL > 0 AND close - newSL >= trailingstep * pipsize THEN newSL = high - trailingstep * pipsize ENDIF ENDIF   // Exit at Breakeven or Trailing Stop for Long Trades IF breakevenLevel > 0 THEN SELL AT breakevenLevel STOP ENDIF   IF newSL > 0 THEN SELL AT newSL STOP ENDIF   // --- Short Trade Logic --- indicator2 = ExponentialAverage[20](close) Sc1 = (close CROSSES UNDER indicator2)// Define indicator for short (same as long, used inversely)   // Condition for short entry   IF Sc1 AND NOT OnMarket THEN // Define ATR-Based Stops and Targets for Short Trades Tp  = AverageTrueRange[14](CLOSE) * A    // Take-profit level 1 Tp2 = AverageTrueRange[14](CLOSE) * B   // Take-profit level 2 Tp3 = AverageTrueRange[14](CLOSE) * C  // Take-profit level 3 St  = AverageTrueRange[14](CLOSE) * D   // Stop-loss Ts  = AverageTrueRange[14](CLOSE) * E   // Trailing stop activation level   startBreakeven = Tp trailingstart = Ts trailingstep = St * pipsize   SELLSHORT 4 PERPOINT AT MARKET SET STOP PLOSS St //* pipsize N = 1 ENDIF   // Manage Breakeven for Short Trades IF SHORTONMARKET AND abs(CountOfPosition) = 3 AND TRADEPRICE(N) - close >= startBreakeven * pipsize THEN breakevenLevel = TRADEPRICE(N) - PointsToKeep * pipsize ENDIF   // Partial Profit-Taking for Short Trades IF SHORTONMARKET AND CLOSE <= (TRADEPRICE(N) - Tp) AND abs(CountOfPosition) = 4 THEN EXITSHORT 1 PERPOINT AT MARKET N = 2 ENDIF   IF SHORTONMARKET AND CLOSE <= (TRADEPRICE(N) - Tp2) AND abs(CountOfPosition) = 3 THEN EXITSHORT 1 PERPOINT AT MARKET N = 3 ENDIF   IF SHORTONMARKET AND CLOSE <= (TRADEPRICE(N) - Tp3) AND abs(CountOfPosition) = 2 THEN EXITSHORT 1 PERPOINT AT MARKET N = 4 ENDIF   // Trailing Stop Management for Short Trades IF SHORTONMARKET THEN IF newSL = 0 AND TRADEPRICE(N) - close >= trailingstart * pipsize THEN newSL = low - trailingstep * pipsize ENDIF IF newSL > 0 AND TRADEPRICE(N) - newSL >= trailingstep * pipsize THEN newSL = low - trailingstep * pipsize ENDIF ENDIF   // Exit at Breakeven or Trailing Stop for Short Trades IF breakevenLevel > 0 THEN EXITSHORT AT breakevenLevel STOP ENDIF   IF newSL > 0 THEN EXITSHORT AT newSL STOP ENDIF   // --- Visualization for Long and Short Trades --- GraphOnPrice newSL coloured("red") AS "Trailing Stop"                  // Trailing stop is now red for clarity GraphOnPrice breakevenLevel coloured("orange") AS "Breakeven Level"   // Breakeven level remains orange   // Visualization for Long Trades IF LONGONMARKET THEN GraphOnPrice (TradePrice(N) + Tp) coloured("lightgreen") AS "Long Exit 1"   // TP1 (light green) GraphOnPrice (TradePrice(N) + Tp2) coloured("green") AS "Long Exit 2"       // TP2 (green) GraphOnPrice (TradePrice(N) + Tp3) coloured("darkgreen") AS "Long Exit 3"   // TP3 (dark green) GraphOnPrice (TradePrice(N) - St) coloured("red") AS "Stop"                 // Stop-loss (red) ENDIF   // Visualization for Short Trades IF SHORTONMARKET THEN GraphOnPrice (TradePrice(N) - Tp) coloured("lightblue") AS "Short Exit 1"   // TP1 (light blue) GraphOnPrice (TradePrice(N) - Tp2) coloured("blue") AS "Short Exit 2"       // TP2 (blue) GraphOnPrice (TradePrice(N) - Tp3) coloured("darkblue") AS "Short Exit 3"   // TP3 (dark blue) GraphOnPrice (TradePrice(N) + St) coloured("red") AS "Stop"                 // Stop-loss (red) ENDIF

  

  Patrick K Templar

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  11/22/2024 at 4:04 PM #240662
  GraHal

  These should be useful …

  https://www.youtube.com/watch?v=qCbWAJLyZFQ

  https://www.youtube.com/watch?v=Pu1P7o3syHM

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  GraHal

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  11/22/2024 at 4:05 PM #240663
  PeterSt

  For example :
  Comment-out your St in line 23 (//).
  Now add the variable/parameter St to the Optimizer Variables.
  Let it iterate over the points you want to test (e.g. from 5 to 20, step 0.5).
  Press Backtest.

  Have the checkbox “Tick by Tick mode” checked.

  Helps ?

   

  PS: Keep in mind that you overrule the St variable on line 85. It is a bit difficult for me to find another candidate in your code.
  Edit : PointsToKeep may be a good one !

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  PeterSt

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  11/22/2024 at 6:24 PM #240668
  Patrick K Templar

  On this system I’m not very sure what are the from the testing what is the best variables and the inundate are outdated is quite confusing for me and if you look at the left there’s a big section where it’s just one part one code and then all the other parts are broken down into different bits in and out of date or something

  

  Patrick K Templar

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  11/22/2024 at 6:37 PM #240670
  PeterSt

  But Patrick, you  engaged Walk Forward (see the tabs below). You should select Off there. Unless you want to test “walk forward” of course. But I don’t think you want that.

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  PeterSt

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  11/22/2024 at 6:52 PM #240672
  GraHal

  You have made active ‘Walk Forward’.  If you make Walk Forward as Inactive then you will have a straightforward Optimiser … which I’m sure you will easily se how it works/

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  GraHal

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  11/22/2024 at 9:35 PM #240677
  Patrick K Templar

  THANNK YOU BOTH THIS FEELS LIKE IT ONLY GOING TO GET HARDER FROM HERE OUT

  

  Patrick K Templar

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  11/22/2024 at 10:02 PM #240679
  GraHal

  You have got off to a very good start, just ask specific questions and you’ll be sure to get answers.

  

  GraHal

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