Pathfinder Trading System

• 12/27/2016 at 10:29 AM #19150
  Pfeiler

  Hi Reiner,
  can you please share the programs for Natural Gas and Coffee as well?
  I chewed the seasonal numbers but best results are only Natural Gas (409%/36%DD) and Coffee (795%/52%DD).

   

  

  Pfeiler

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  12/27/2016 at 11:00 AM #19158
  Reiner

  Hi Alco,

  There are two easy approaches to estimate the required Pathfinder account size.

  • multiply the maximum drawdown with 2 (or 3) and add the margin for the maximum position size or
  • multiply the maximum position size with 1k.

  With 10k and three running Pathfinder algos you have to reduce the position size. The default parameter settings for each Pathfinder version is for an 10k account.

  Best, Reiner

  

  Reiner

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  12/27/2016 at 11:26 AM #19160
  Reiner

  Hi Pranik,

  Thanks for your idea. In my opinion weekly low is a weak condition and doesn’t produce high quality signals. I have extended Pathfinder DAX 4H V6 with the weekly low setup and the result is worse especially the drawdown (double). Please find attached a comparison of original V6 and V6 adopt with weekly low setup.

  Best, Reiner

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  pranik

  

  Reiner

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  12/27/2016 at 11:40 AM #19163
  Reiner

  Hi CKW,

  I never had this error message and unfortunately I have no clue what is the reason. I suppose it has something todo with the preload bars settings. Try to reduce the default setting.

  DEFPARAM PRELOADBARS = 10000

  1	DEFPARAM PRELOADBARS = 10000

  Maybe someone else can advise.

  Best, Reiner

  

  Reiner

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  12/27/2016 at 11:52 AM #19164
  Reiner

  Hi Reddi and welcome,

  In my experience with 5M timeframe the Pathfinder breakout algo has to many fake breakouts. Higher timeframes are working like filter and increase the quality of the trade signals. I will focus with Pathfinder on the daily timeframe for the swing trades and on 4H and 1H for the intraday trades.

  I encourage you hereby to verify if Pathfinder works in 5M or 15M. Let me know when you find a profitable approach.

  Best, Reiner

  

  Reiner

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  12/27/2016 at 12:14 PM #19171
  Reiner

  Hallo Pfeiler,

  I just rework all the Pathfinder daily backtests and will publish all saisonal adjustments soon. NG and KC is already finished.

  Thanks for your hint with the @Day-function. I have changed the code accordingly.

  KC has a drawdown of 36% and doesn’t fulfill my quality Pathfinder requirements but is on the other side one of the profitable versions. I let it in the top list because of the drawdown was 1972.

  Best, Reiner

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  hakke, Jesús, Pfeiler, wp01, Matriciel

  

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  12/27/2016 at 3:17 PM #19180
  sylvess

  Hi Reiner,

  Thank you for sharing your code and the time you put into this. Can see a lot more members are getting on board and have different request which is great but getting a bit long and confusing. Perhaps can open individual forum for each indices/commodities (even forex), making it easier to follow the indices/commodities you are interested in trading now or maybe in the future, and for new members to pick up too.

  Best regards,

  Sylvester

  

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  12/27/2016 at 4:58 PM #19182
  flowsen123

  Hey Reiner,

  I am sure you are aware of this, but in the Excel I saw that there are big differences between the available history of the instruments. You mentioned that your ranking is based partially on the total performance. But if you look at the average annual performance you see that for example hangseng has a annual performance of 39% (based on the last 10 years) and coffee is 16.5 % (in 39 years).

  Just as an idea for another performance criteria.

  I am looking forward to see the rest of the systems. I will try to check how consistant the annual performance for the instruments is by calculate it for the single years.

  mfg

  flo

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  12/27/2016 at 7:40 PM #19185
  Elsborgtrading

  Dear Reiner. During the test of a more conservative management code, where I still add more position accordingly to the equity size I came across a small issue I could not explain. To simplify things the same issue is confirmed if I just adjust the max positionsize for 3 instead of 15 in the DAX V6. The issue is that the conservative closed the 2 position today at 9:01 and the original are still going with 4 position. Both codes started at 21 Dec. 9:00 with 2 positions. later the original added 2 pos at 23 Dec 9:00. I backtested manually both code and I can see the issue is ongoing- but not every time. I could understand if the original V6 DAX closed 2 of the 4 position today at 9:00 it would result in closing of all the 2 position today, but that’s not the case.  Do you have any Idea of why this is happening? Maybe you could explain the exit strategy in details, or just say if you already have, I will find it 🙂

  This is the changed lines

  maxPositionSizeLong = MAX(3, abs(round(maxRisk / (close * stopLossLong / 100) / PointValue) * pipsize)) maxPositionSizeShort = MAX(3, abs(round(maxRisk / (close * stopLossShort / 100) / PointValue) * pipsize))

  1 2	maxPositionSizeLong = MAX(3, abs(round(maxRisk / (close * stopLossLong / 100) / PointValue) * pipsize)) maxPositionSizeShort = MAX(3, abs(round(maxRisk / (close * stopLossShort / 100) / PointValue) * pipsize))

  Cheers Kasper

  

  Elsborgtrading

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  12/27/2016 at 8:01 PM #19186
  Elsborgtrading

  Update. I think I know why. when looking at the exit conditions, there is a

  posProfit = (((close - positionprice) * pointvalue) * countofposition) / pipsize

  1	posProfit = (((close - positionprice) * pointvalue) * countofposition) / pipsize

  The posprofit would be higher with double the size of countofposition- so that why we are closing before the Original V6 DAX. but when I set out for making a more conservative code, I didn’t expect it to be on the gain side :-s Just a quick look and knowing that you properly  optimized the exit strategy(maxCandlesLongWithProfit) I actually think that the original posProfit is general with higher gain. I would be nice if adjusting the maxposition size, still would follow the original posProfit -accordingly, other vice we are not only dealing with profit limited by positionsize but also missing out of profit because getting out to soon. Does this make sense?

  

  Elsborgtrading

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  12/27/2016 at 8:08 PM #19187
  flowsen123

  Hey guys,

  I tried to adapt the dow to version 6

  // Pathfinder Trading System based on ProRealTime 10.2 // Breakout system triggered by previous daily, weekly and monthly high/low crossings with smart position management // Version 6 // Instrument: DAX mini 4H, 9-21 CET, 2 points spread, account size 10.000 Euro, from August 2010 // ProOrder code parameter DEFPARAM CUMULATEORDERS = true // cumulate orders if not turned off DEFPARAM PRELOADBARS = 10000 // define intraday trading window ONCE startTime = 90000 ONCE endTime = 210000 // define instrument signalline with help of multiple smoothed averages ONCE periodFirstMA = 5 ONCE periodSecondMA = 10 ONCE periodThirdMA = 7 // define filter parameter ONCE periodLongMA = 160 ONCE periodShortMA = 5 // define position and money management parameter ONCE positionSize = 1 Capital = 10000 Risk = 5 // in % equity = Capital + StrategyProfit maxRisk = round(equity * Risk / 100) ONCE stopLossLong = 5.5 // in % ONCE stopLossShort = 1.5 // in % 1.5 ONCE takeProfitLong = 1.5 // in % 2/1.5 ONCE takeProfitShort = 0.5 // in 0.5% maxPositionSizeLong = MAX(10, abs(round(maxRisk / (close * stopLossLong / 100) / PointValue) * pipsize)) maxPositionSizeShort = MAX(10, abs(round(maxRisk / (close * stopLossShort / 100) / PointValue) * pipsize)) ONCE trailingStartLong = 1.25 // in % ONCE trailingStartShort = 0.75 // in % ONCE trailingStepLong = 0.2 // in % ONCE trailingStepShort = 0.2 // in % ONCE maxCandlesLongWithProfit = 17 // take long profit latest after 17 candles ONCE maxCandlesShortWithProfit = 3 // take short profit latest after 4 candles ONCE maxCandlesLongWithoutProfit = 40 // limit long loss latest after 40 candles ONCE maxCandlesShortWithoutProfit = 11 // limit short loss latest after 11 candles // define saisonal position multiplier for each month 1-15 / 16-31 (>0 - long / <0 - short / 0 no trade) ONCE January1 = 3//3 ONCE January2 = 1//1 ONCE February1 = 2//2 ONCE February2 = 1//1 ONCE March1 = 2//2/3 ONCE March2 = 3//3 ONCE April1 = 2//2 ONCE April2 = 0//0 ONCE May1 = 0//0! ONCE May2 = 0//0! ONCE June1 = 3//3 ONCE June2 = 3//3 ONCE July1 = 0//0 ONCE July2 = 0//0 ONCE August1 = 0//0 ONCE August2 = 0//0 ONCE September1 = 3//3 ONCE September2 = 3//3 ONCE October1 = 0//0/1 ONCE October2 = 3//3 ONCE November1 = 1//1 ONCE November2 = 3//3 ONCE December1 = 1//0/1 ONCE December2 = 3// // calculate daily high/low (include sunday values if available) dailyHigh = DHigh(1) dailyLow = DLow(1) // calculate weekly high/low If DayOfWeek < DayOfWeek[1] then weeklyHigh = Highest[BarIndex - lastWeekBarIndex](dailyHigh) lastWeekBarIndex = BarIndex ENDIF // calculate monthly high/low If Month[1] <> Month[2] then //If Month <> Month[1] then monthlyHigh = Highest[BarIndex - lastMonthBarIndex](dailyHigh) monthlyLow = Lowest[BarIndex - lastMonthBarIndex](dailyLow) lastMonthBarIndex = BarIndex ENDIF // calculate instrument signalline with multiple smoothed averages firstMA = WilderAverage[periodFirstMA](close) secondMA = TimeSeriesAverage[periodSecondMA](firstMA) signalline = TimeSeriesAverage[periodThirdMA](secondMA) // save position before trading window is open If Time < startTime then startPositionLong = COUNTOFLONGSHARES startPositionShort = COUNTOFSHORTSHARES EndIF // trade only in defined trading window IF Time >= startTime AND Time <= endTime THEN // set saisonal multiplier currentDayOfTheMonth = Date - ((CurrentYear * 10000) + CurrentMonth * 100) midOfMonth = 15 IF CurrentMonth = 1 THEN IF currentDayOfTheMonth <= midOfMonth THEN saisonalPatternMultiplier = January1 ELSE saisonalPatternMultiplier = January2 ENDIF ELSIF CurrentMonth = 2 THEN IF currentDayOfTheMonth <= midOfMonth THEN saisonalPatternMultiplier = February1 ELSE saisonalPatternMultiplier = February2 ENDIF ELSIF CurrentMonth = 3 THEN IF currentDayOfTheMonth <= midOfMonth THEN saisonalPatternMultiplier = March1 ELSE saisonalPatternMultiplier = March2 ENDIF ELSIF CurrentMonth = 4 THEN IF currentDayOfTheMonth <= midOfMonth THEN saisonalPatternMultiplier = April1 ELSE saisonalPatternMultiplier = April2 ENDIF ELSIF CurrentMonth = 5 THEN IF currentDayOfTheMonth <= midOfMonth THEN saisonalPatternMultiplier = May1 ELSE saisonalPatternMultiplier = May2 ENDIF ELSIF CurrentMonth = 6 THEN IF currentDayOfTheMonth <= midOfMonth THEN saisonalPatternMultiplier = June1 ELSE saisonalPatternMultiplier = June2 ENDIF ELSIF CurrentMonth = 7 THEN IF currentDayOfTheMonth <= midOfMonth THEN saisonalPatternMultiplier = July1 ELSE saisonalPatternMultiplier = July2 ENDIF ELSIF CurrentMonth = 8 THEN IF currentDayOfTheMonth <= midOfMonth THEN saisonalPatternMultiplier = August1 ELSE saisonalPatternMultiplier = August2 ENDIF ELSIF CurrentMonth = 9 THEN IF currentDayOfTheMonth <= midOfMonth THEN saisonalPatternMultiplier = September1 ELSE saisonalPatternMultiplier = September2 ENDIF ELSIF CurrentMonth = 10 THEN IF currentDayOfTheMonth <= midOfMonth THEN saisonalPatternMultiplier = October1 ELSE saisonalPatternMultiplier = October2 ENDIF ELSIF CurrentMonth = 11 THEN IF currentDayOfTheMonth <= midOfMonth THEN saisonalPatternMultiplier = November1 ELSE saisonalPatternMultiplier = November2 ENDIF ELSIF CurrentMonth = 12 THEN IF currentDayOfTheMonth <= midOfMonth THEN saisonalPatternMultiplier = December1 ELSE saisonalPatternMultiplier = December2 ENDIF ENDIF // define trading filters // 1. use fast and slow averages as filter because not every breakout is profitable f1 = close > Average[periodLongMA](close) f2 = close < Average[periodLongMA](close) f3 = close > Average[periodShortMA](close) // 2. check if position already reduced in trading window as additonal filter criteria alreadyReducedLongPosition = COUNTOFLONGSHARES < startPositionLong alreadyReducedShortPosition = COUNTOFSHORTSHARES < startPositionShort // long position conditions l1 = signalline CROSSES OVER monthlyHigh l2 = signalline CROSSES OVER weeklyHigh l3 = signalline CROSSES OVER dailyHigh l4 = signalline CROSSES OVER monthlyLow // short position conditions s1 = signalline CROSSES UNDER monthlyHigh s2 = signalline CROSSES UNDER dailyLow // long entry with order cumulation IF ( (l1 OR l4 OR l2 OR (l3 AND f2)) AND NOT alreadyReducedLongPosition) THEN // check saisonal booster setup and max position size IF saisonalPatternMultiplier > 0 THEN IF (COUNTOFPOSITION + (positionSize * saisonalPatternMultiplier)) <= maxPositionSizeLong THEN BUY positionSize * saisonalPatternMultiplier CONTRACT AT MARKET ENDIF ELSIF saisonalPatternMultiplier <> 0 THEN IF (COUNTOFPOSITION + positionSize) <= maxPositionSizeLong THEN BUY positionSize CONTRACT AT MARKET ENDIF ENDIF stopLoss = stopLossLong takeProfit = takeProfitLong ENDIF // short entry without order cumulation IF NOT SHORTONMARKET AND ( (s1 AND f3) OR (s2 AND f1) ) AND NOT alreadyReducedShortPosition THEN // check saisonal booster setup and max position size IF saisonalPatternMultiplier < 0 THEN IF (COUNTOFPOSITION + (positionSize * ABS(saisonalPatternMultiplier))) <= maxPositionSizeShort THEN SELLSHORT positionSize * ABS(saisonalPatternMultiplier) CONTRACT AT MARKET ENDIF ELSIF saisonalPatternMultiplier <> 0 THEN IF (COUNTOFPOSITION + positionSize) <= maxPositionSizeLong THEN SELLSHORT positionSize CONTRACT AT MARKET ENDIF ENDIF stopLoss = stopLossShort takeProfit = takeProfitShort ENDIF // stop and profit management posProfit = (((close - positionprice) * pointvalue) * countofposition) / pipsize numberCandles = (BarIndex - TradeIndex) m1 = posProfit > 0 AND numberCandles >= maxCandlesLongWithProfit m2 = posProfit > 0 AND numberCandles >= maxCandlesShortWithProfit m3 = posProfit < 0 AND numberCandles >= maxCandlesLongWithoutProfit m4 = posProfit < 0 AND numberCandles >= maxCandlesShortWithoutProfit // take profit after max candles IF LONGONMARKET AND (m1 OR m3) THEN SELL AT MARKET ENDIF IF SHORTONMARKET AND (m2 OR m4) THEN EXITSHORT AT MARKET ENDIF // trailing stop function (convert % to pips) trailingStartLongInPoints = tradeprice(1) * trailingStartLong / 100 trailingStartShortInPoints = tradeprice(1) * trailingStartShort / 100 trailingStepLongInPoints = tradeprice(1) * trailingStepLong / 100 trailingStepShortInPoints = tradeprice(1) * trailingStepShort / 100 // reset the stoploss value IF NOT ONMARKET THEN newSL = 0 ENDIF // manage long positions IF LONGONMARKET THEN // first move (breakeven) IF newSL = 0 AND close - tradeprice(1) >= trailingStartLongInPoints * pipsize THEN newSL = tradeprice(1) + trailingStepLongInPoints * pipsize stopLoss = stopLossLong * 0.1 takeProfit = takeProfitLong * 2 ENDIF // next moves IF newSL > 0 AND close - newSL >= trailingStepLongInPoints * pipsize THEN newSL = newSL + trailingStepLongInPoints * pipsize ENDIF ENDIF // manage short positions IF SHORTONMARKET THEN // first move (breakeven) IF newSL = 0 AND tradeprice(1) - close >= trailingStartShortInPoints * pipsize THEN newSL = tradeprice(1) - trailingStepShortInPoints * pipsize ENDIF // next moves IF newSL > 0 AND newSL - close >= trailingStepShortInPoints * pipsize THEN newSL = newSL - trailingStepShortInPoints * pipsize ENDIF ENDIF // stop order to exit the positions IF newSL > 0 THEN IF LONGONMARKET THEN SELL AT newSL STOP ENDIF IF SHORTONMARKET THEN EXITSHORT AT newSL STOP ENDIF ENDIF // superordinate stop and take profit SET STOP %LOSS stopLoss SET TARGET %PROFIT takeProfit ENDIF

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  // Pathfinder Trading System based on ProRealTime 10.2 // Breakout system triggered by previous daily, weekly and monthly high/low crossings with smart position management // Version 6 // Instrument: DAX mini 4H, 9-21 CET, 2 points spread, account size 10.000 Euro, from August 2010   // ProOrder code parameter DEFPARAM CUMULATEORDERS = true  // cumulate orders if not turned off DEFPARAM PRELOADBARS = 10000   // define intraday trading window ONCE startTime = 90000 ONCE endTime = 210000   // define instrument signalline with help of multiple smoothed averages ONCE periodFirstMA = 5 ONCE periodSecondMA = 10 ONCE periodThirdMA = 7   // define filter parameter ONCE periodLongMA = 160 ONCE periodShortMA = 5   // define position and money management parameter ONCE positionSize = 1   Capital = 10000 Risk = 5 // in % equity = Capital + StrategyProfit maxRisk = round(equity * Risk / 100)   ONCE stopLossLong = 5.5 // in % ONCE stopLossShort = 1.5 // in % 1.5 ONCE takeProfitLong = 1.5 // in % 2/1.5 ONCE takeProfitShort = 0.5 // in 0.5%   maxPositionSizeLong = MAX(10, abs(round(maxRisk / (close * stopLossLong / 100) / PointValue) * pipsize)) maxPositionSizeShort = MAX(10, abs(round(maxRisk / (close * stopLossShort / 100) / PointValue) * pipsize))   ONCE trailingStartLong = 1.25 // in % ONCE trailingStartShort = 0.75 // in % ONCE trailingStepLong = 0.2 // in % ONCE trailingStepShort = 0.2 // in %   ONCE maxCandlesLongWithProfit = 17  // take long profit latest after 17 candles ONCE maxCandlesShortWithProfit = 3  // take short profit latest after 4 candles ONCE maxCandlesLongWithoutProfit = 40  // limit long loss latest after 40 candles ONCE maxCandlesShortWithoutProfit = 11  // limit short loss latest after 11 candles   // define saisonal position multiplier for each month 1-15 / 16-31 (>0 - long / <0 - short / 0 no trade) ONCE January1 = 3//3 ONCE January2 = 1//1 ONCE February1 = 2//2 ONCE February2 = 1//1 ONCE March1 = 2//2/3 ONCE March2 = 3//3 ONCE April1 = 2//2 ONCE April2 = 0//0 ONCE May1 = 0//0! ONCE May2 = 0//0! ONCE June1 = 3//3 ONCE June2 = 3//3 ONCE July1 = 0//0 ONCE July2 = 0//0 ONCE August1 = 0//0 ONCE August2 = 0//0 ONCE September1 = 3//3 ONCE September2 = 3//3 ONCE October1 = 0//0/1 ONCE October2 = 3//3 ONCE November1 = 1//1 ONCE November2 = 3//3 ONCE December1 = 1//0/1 ONCE December2 = 3//   // calculate daily high/low (include sunday values if available) dailyHigh = DHigh(1) dailyLow = DLow(1)   // calculate weekly high/low If DayOfWeek < DayOfWeek[1] then weeklyHigh = Highest[BarIndex - lastWeekBarIndex](dailyHigh) lastWeekBarIndex = BarIndex ENDIF   // calculate monthly high/low If Month[1] <> Month[2] then //If Month <> Month[1] then monthlyHigh = Highest[BarIndex - lastMonthBarIndex](dailyHigh) monthlyLow = Lowest[BarIndex - lastMonthBarIndex](dailyLow) lastMonthBarIndex = BarIndex ENDIF   // calculate instrument signalline with multiple smoothed averages firstMA = WilderAverage[periodFirstMA](close) secondMA = TimeSeriesAverage[periodSecondMA](firstMA) signalline = TimeSeriesAverage[periodThirdMA](secondMA)   // save position before trading window is open If Time < startTime then startPositionLong = COUNTOFLONGSHARES startPositionShort = COUNTOFSHORTSHARES EndIF   // trade only in defined trading window IF Time >= startTime AND Time <= endTime THEN   // set saisonal multiplier currentDayOfTheMonth = Date - ((CurrentYear * 10000) + CurrentMonth * 100) midOfMonth = 15 IF CurrentMonth = 1 THEN IF currentDayOfTheMonth <= midOfMonth THEN saisonalPatternMultiplier = January1 ELSE saisonalPatternMultiplier = January2 ENDIF ELSIF CurrentMonth = 2 THEN IF currentDayOfTheMonth <= midOfMonth THEN saisonalPatternMultiplier = February1 ELSE saisonalPatternMultiplier = February2 ENDIF ELSIF CurrentMonth = 3 THEN IF currentDayOfTheMonth <= midOfMonth THEN saisonalPatternMultiplier = March1 ELSE saisonalPatternMultiplier = March2 ENDIF ELSIF CurrentMonth = 4 THEN IF currentDayOfTheMonth <= midOfMonth THEN saisonalPatternMultiplier = April1 ELSE saisonalPatternMultiplier = April2 ENDIF ELSIF CurrentMonth = 5 THEN IF currentDayOfTheMonth <= midOfMonth THEN saisonalPatternMultiplier = May1 ELSE saisonalPatternMultiplier = May2 ENDIF ELSIF CurrentMonth = 6 THEN IF currentDayOfTheMonth <= midOfMonth THEN saisonalPatternMultiplier = June1 ELSE saisonalPatternMultiplier = June2 ENDIF ELSIF CurrentMonth = 7 THEN IF currentDayOfTheMonth <= midOfMonth THEN saisonalPatternMultiplier = July1 ELSE saisonalPatternMultiplier = July2 ENDIF ELSIF CurrentMonth = 8 THEN IF currentDayOfTheMonth <= midOfMonth THEN saisonalPatternMultiplier = August1 ELSE saisonalPatternMultiplier = August2 ENDIF ELSIF CurrentMonth = 9 THEN IF currentDayOfTheMonth <= midOfMonth THEN saisonalPatternMultiplier = September1 ELSE saisonalPatternMultiplier = September2 ENDIF ELSIF CurrentMonth = 10 THEN IF currentDayOfTheMonth <= midOfMonth THEN saisonalPatternMultiplier = October1 ELSE saisonalPatternMultiplier = October2 ENDIF ELSIF CurrentMonth = 11 THEN IF currentDayOfTheMonth <= midOfMonth THEN saisonalPatternMultiplier = November1 ELSE saisonalPatternMultiplier = November2 ENDIF ELSIF CurrentMonth = 12 THEN IF currentDayOfTheMonth <= midOfMonth THEN saisonalPatternMultiplier = December1 ELSE saisonalPatternMultiplier = December2 ENDIF ENDIF   // define trading filters // 1. use fast and slow averages as filter because not every breakout is profitable f1 = close > Average[periodLongMA](close) f2 = close < Average[periodLongMA](close) f3 = close > Average[periodShortMA](close)   // 2. check if position already reduced in trading window as additonal filter criteria alreadyReducedLongPosition = COUNTOFLONGSHARES  < startPositionLong alreadyReducedShortPosition = COUNTOFSHORTSHARES < startPositionShort   // long position conditions l1 = signalline CROSSES OVER monthlyHigh l2 = signalline CROSSES OVER weeklyHigh l3 = signalline CROSSES OVER dailyHigh l4 = signalline CROSSES OVER monthlyLow   // short position conditions s1 = signalline CROSSES UNDER monthlyHigh s2 = signalline CROSSES UNDER dailyLow   // long entry with order cumulation IF ( (l1 OR l4 OR l2 OR (l3 AND f2)) AND NOT alreadyReducedLongPosition) THEN   // check saisonal booster setup and max position size IF saisonalPatternMultiplier > 0 THEN IF (COUNTOFPOSITION + (positionSize * saisonalPatternMultiplier)) <= maxPositionSizeLong THEN BUY positionSize * saisonalPatternMultiplier CONTRACT AT MARKET ENDIF ELSIF saisonalPatternMultiplier <> 0 THEN IF (COUNTOFPOSITION + positionSize) <= maxPositionSizeLong THEN BUY positionSize CONTRACT AT MARKET ENDIF ENDIF   stopLoss = stopLossLong takeProfit = takeProfitLong   ENDIF   // short entry without order cumulation IF NOT SHORTONMARKET AND ( (s1 AND f3) OR  (s2 AND f1) ) AND NOT alreadyReducedShortPosition THEN   // check saisonal booster setup and max position size IF saisonalPatternMultiplier < 0 THEN IF (COUNTOFPOSITION + (positionSize * ABS(saisonalPatternMultiplier))) <= maxPositionSizeShort THEN SELLSHORT positionSize * ABS(saisonalPatternMultiplier) CONTRACT AT MARKET ENDIF ELSIF saisonalPatternMultiplier <> 0 THEN IF (COUNTOFPOSITION + positionSize) <= maxPositionSizeLong THEN SELLSHORT positionSize CONTRACT AT MARKET ENDIF ENDIF   stopLoss = stopLossShort takeProfit = takeProfitShort   ENDIF   // stop and profit management posProfit = (((close - positionprice) * pointvalue) * countofposition) / pipsize   numberCandles = (BarIndex - TradeIndex)   m1 = posProfit > 0 AND numberCandles >= maxCandlesLongWithProfit m2 = posProfit > 0 AND numberCandles >= maxCandlesShortWithProfit m3 = posProfit < 0 AND numberCandles >= maxCandlesLongWithoutProfit m4 = posProfit < 0 AND numberCandles >= maxCandlesShortWithoutProfit   // take profit after max candles IF LONGONMARKET AND (m1 OR m3) THEN SELL AT MARKET ENDIF IF SHORTONMARKET AND (m2 OR m4) THEN EXITSHORT AT MARKET ENDIF   // trailing stop function (convert % to pips) trailingStartLongInPoints = tradeprice(1) * trailingStartLong / 100 trailingStartShortInPoints = tradeprice(1) * trailingStartShort / 100 trailingStepLongInPoints = tradeprice(1) * trailingStepLong / 100 trailingStepShortInPoints = tradeprice(1) * trailingStepShort / 100   // reset the stoploss value IF NOT ONMARKET THEN newSL = 0 ENDIF   // manage long positions IF LONGONMARKET THEN // first move (breakeven) IF newSL = 0 AND close - tradeprice(1) >= trailingStartLongInPoints * pipsize THEN newSL = tradeprice(1) + trailingStepLongInPoints * pipsize stopLoss = stopLossLong * 0.1 takeProfit = takeProfitLong * 2 ENDIF // next moves IF newSL > 0 AND close - newSL >= trailingStepLongInPoints * pipsize THEN newSL = newSL + trailingStepLongInPoints * pipsize ENDIF ENDIF   // manage short positions IF SHORTONMARKET THEN // first move (breakeven) IF newSL = 0 AND tradeprice(1) - close >= trailingStartShortInPoints * pipsize THEN newSL = tradeprice(1) - trailingStepShortInPoints * pipsize ENDIF // next moves IF newSL > 0 AND newSL - close >= trailingStepShortInPoints * pipsize THEN newSL = newSL - trailingStepShortInPoints * pipsize ENDIF ENDIF   // stop order to exit the positions IF newSL > 0 THEN IF LONGONMARKET THEN SELL AT newSL STOP ENDIF IF SHORTONMARKET THEN EXITSHORT AT newSL STOP ENDIF ENDIF   // superordinate stop and take profit SET STOP %LOSS stopLoss SET TARGET %PROFIT takeProfit   ENDIF

   

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  flowsen123

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  12/27/2016 at 8:33 PM #19191
  Elsborgtrading

  Correction: “The posprofit would be higher with double the size of countofposition- so that why we are closing before the Original V6 DAX.”

  The posprofit would actually be lower with the double size of countofposition- at least in the latest exit.

  Sorry about the mistake.

   

  

  Elsborgtrading

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  12/27/2016 at 9:43 PM #19197
  Nicolas

  sylvess wrote:

  Perhaps can open individual forum for each indices/commodities (even forex), making it easier to follow the indices/commodities you are interested in trading now or maybe in the future, and for new members to pick up too.

  I approve! Maybe we could put this as a rule: create individual topic for each different instrument version of Pathfinder. This is Reiner’s topic, so I think he may also have something to say about this idea.

  flowsen123 wrote:

  But if you look at the average annual performance you see that for example hangseng has a annual performance of 39% (based on the last 10 years) and coffee is 16.5 % (in 39 years).

  Good point! Normalized annualized performances should be used in this case. I believe anyone could do this calculation with the Excel file, Reiner has shared.

  

  Nicolas

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  12/27/2016 at 10:44 PM #19200
  flowsen123

  I like to have everything in one topic. it is easier to stay uppdated and a lot of the things that are discussed here are general for all the systems.

  just my opinion…

  

  flowsen123

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  12/28/2016 at 4:24 AM #19203
  dajvop

  @flowsen123

  I am having trouble getting anywhere close to your backtest.

  I can only test from 30 aug 2012 and only get 57 trades (+48/-9) with time changed to 23.00 (instead of 21.00) and spread 2.8.

  It seems as though I have done something wrong…

  Regards, David

  

  dajvop

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