Pathfinder Trading System

Reiner · Thu, 22 Sep 2016 19:00:38 +0000

Hi guys, this topic is for all discussions related to the Pathfinder trading system strategies. The system based on four components that work perfectly together. signalline – instrument trend line based on two smoothed averages (Wilder and Time Series) breakout levels – previous daily, weekly and monthly high/lows in combination with fast and slow averages as filters because not every breakout is profitable saisonal behavior – position size will be boost with a multiplier for each month depending on the historical seasonal behavior smart money and position management – grid orders, maximal position size monitoring, superordinate stop loss/take profit, trailing stop and maximum holding periods are used mechanisms The Pathfinder breakout logic works well for many instruments with 24 hour quotes such as DAX, DOW, FTSE, Hang Seng, NIKKEI in 4 hours timeframe. All versions are optimized for an 10k Euro account. Pathfinder strategies offer a statistical advantage but are of course not a holy grail and there is no guarantee to make money with it. The systems are optimized for historical data and historical gains are not a guarantee to be successful in the future. I strictly recommend to adjust the position sizes to your personal account size and try first in demo mode. The results in life trading will differ from the backtest results. I also recommend to start in life trading with a small account size. Anyone can use the programs for free and at their own risk. Pathfinder is my private and fully transparent algorithmic trading project exclusively implemented for ProRealTime 10.3. The status is experimental and I don’t trade all the systems presented here. I would also like to thank all members who have helped to improve the system with their contributions. Please find below the last released Pathfinder trading system versions for suitable instruments. Dropbox Link: https://www.dropbox.com/sh/xyymvk6gscxbfbe/AABaOs9_ZExILA18HxKW9kdqa Best, Reiner 04.02.2018 Updated dropbox with new algos V7-FEB-2018 with automatic scaling for ASX, DAX, DOW, FTSE, GOLD, HS, NIKKEI, SAF and STXE (#post-61450) 08.01.2017 Checkout the results from 2017 (#post-56978) || introducing new PF algo category DAX-1H-V8 (#post-57005) || new algos in dropbox DAX-V7-2018 (#post-57521), DOW-V7-2018 (#post-57524) and HS-V7-2018 (#post-57528) 02.08.2017 Updated dropbox with new algos FTSE-V7 and Nikkei-V7 (#post-42223), ASX-V7 (#post-42249) and STXE-V7 (#post-42332) 31.07.2017 Updated dropbox with new algos DAX-V7-2, DOW-V7-2 and HS-V7-2 (#post-41811) 18.07.2017 Release V7 containing error fixes, improvements and new features for DAX-V7 (#post-40798) and DOW-V7 (#post-40880)

This topic has 1,834 replies, 139 voices, and was last updated 1 year ago by CFD AutoTrading.

Tagged: Pathfinder

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01/12/2017 at 1:09 PM #20849

ALE

https://www.prorealcode.com/topic/pathfinder-swing-ts/page/10/

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01/12/2017 at 2:35 PM #20861

Mark

There seems to be a common sunglasses selfie theme among profile pictures! Haha!

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01/12/2017 at 2:37 PM #20862

dajvop

Haha!

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01/12/2017 at 2:58 PM #20865

ALE

YES … WE AREN’T HUMANS, WE ARE ROBOTS

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01/12/2017 at 5:33 PM #20893

Nicolas

Sorry, I don’t have any profile picture with sunglasses, so I don’t know if I can post here 🙂

About seasonality, is this indicator could be of interest to determine Pathfinder’s boost? https://www.prorealcode.com/topic/lowest-low-highest-high/#post-20868

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01/12/2017 at 9:59 PM #20929

Alco

@mark

Which version of FTSE are you running live?

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01/12/2017 at 10:50 PM #20936

Reiner

Hi Mark,

Sorry for the late answer but I’ve no time for Pathfinder at the moment. As requested here the Pathfinder indicator that I’m using for the DAX version.

Best, Reiner

// Pathfinder indicator
// show all lines and levels of Pathfinder TS
// DAX V6

ONCE periodFirstMA = 5
ONCE periodSecondMA = 10
ONCE periodThirdMA = 3

// calculate signalline with multiple smoothed averages
firstMA = WilderAverage[periodFirstMA](close)
secondMA = TimeSeriesAverage[periodSecondMA](firstMA)
signalline = TimeSeriesAverage[periodThirdMA](secondMA)

// 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)
weeklylow = Lowest[BarIndex - lastWeekBarIndex](dailyLow)
lastWeekBarIndex = BarIndex
ENDIF

// calculate monthly high/low
If Month[1] <> Month[2] then
monthlyHigh = Highest[BarIndex - lastMonthBarIndex](dailyHigh)
monthlyLow = Lowest[BarIndex - lastMonthBarIndex](dailyLow)
lastMonthBarIndex = BarIndex
ENDIF

// filter
shortMA = Average[50]
longMA = Average[300]

return signalline AS "signal line", dailyHigh  coloured(153,153,0) AS "daily High", dailyLow coloured(153,153,0) AS "daily Low", weeklyHigh coloured(255,153,153) AS "weekly High", weeklyLow coloured(255,153,153) AS "weekly Low", monthlyHigh coloured(153,153,255) AS "monthly High", monthlyLow coloured(153,153,255) AS "monthly Low", shortMA coloured(0,0,255) AS "short Average", longMA coloured(255,153,0) AS "long Average"

// Pathfinder indicator

// show all lines and levels of Pathfinder TS

// DAX V6

ONCE periodFirstMA = 5

ONCE periodSecondMA = 10

ONCE periodThirdMA = 3

// calculate signalline with multiple smoothed averages

firstMA = WilderAverage[periodFirstMA](close)

secondMA = TimeSeriesAverage[periodSecondMA](firstMA)

signalline = TimeSeriesAverage[periodThirdMA](secondMA)

// 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)

weeklylow = Lowest[BarIndex - lastWeekBarIndex](dailyLow)

lastWeekBarIndex = BarIndex

ENDIF

// calculate monthly high/low

If Month[1] <> Month[2] then

monthlyHigh = Highest[BarIndex - lastMonthBarIndex](dailyHigh)

monthlyLow = Lowest[BarIndex - lastMonthBarIndex](dailyLow)

lastMonthBarIndex = BarIndex

ENDIF

// filter

shortMA = Average[50]

longMA = Average[300]

return signalline AS "signal line", dailyHigh coloured(153,153,0) AS "daily High", dailyLow coloured(153,153,0) AS "daily Low", weeklyHigh coloured(255,153,153) AS "weekly High", weeklyLow coloured(255,153,153) AS "weekly Low", monthlyHigh coloured(153,153,255) AS "monthly High", monthlyLow coloured(153,153,255) AS "monthly Low", shortMA coloured(0,0,255) AS "short Average", longMA coloured(255,153,0) AS "long Average"

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01/12/2017 at 11:02 PM #20949

Mark

@alco

FTSE 4H V5B2

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01/12/2017 at 11:20 PM #20955

Alco

Ok thanks Mark,

But the version only has 70% winning trades and €2313 drawdown. Not the best stats.. I tried to tweek it a bit. But I get the drawdown at €1950 but then the winning trades are only 66% and 4k more profit.

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01/12/2017 at 11:27 PM #20956

Mark

I want to run 2 pathfinder instrument alongside each other, im currently looking for the best instrument to run alongside the DAX. i want to come to a decision soon and let them run for 6months without tampering with them. i was thinking either FTSE or DOW what are your thoughts?

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01/12/2017 at 11:39 PM #20957

Alco

Dow looks pretty good!

I like these the most.
#1 Dax
#2 Dow
#3 FTSE

#4 Hang Seng (for larger accounts)

Difficult to say. But Dow is more profitable in the past. So I would choose the dow.

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01/15/2017 at 12:45 PM #21160

Elsborgtrading

Hi Pathfinders! 🙂

Just to raise awareness to the back test results differs from Live results I came across this post

But is this also what we see from time to time in Pathfinder? I have seen it on the exits and entries- Trades in Back test continues and Live are exit as it supposed to. Entries are made in backtest but conditions are not met. Let me give an example.

On Pathfinder DAX V6 4H backtest made a short entry @13:00 2nd Jan 2017 and Demotrade did not. We can see that the signalline did not enter any of the condition in the candle @09:00 before the trade

s1 = signalline CROSSES UNDER monthlyHigh
s2 = signalline CROSSES UNDER dailyLow

1 2	s1 = signalline CROSSES UNDER monthlyHigh s2 = signalline CROSSES UNDER dailyLow

So it just a feeling that I have seen this before- anyone else have seen this? Because if the back test is not trustworthy- what is?

Cheers Kasper

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01/15/2017 at 5:59 PM #21186

Reiner

Hi Guys,

I checked the best Pathfinder 4H systems today and you will find the latest versions V6 for DAX, DOW, FTSE and Hang Seng here.

DAX:

reduce maximal position size to 10
optimize and review all parameters

DOW:

extend the backtest to 200.000 candles (from 2006)
optimize and review all parameters

FTSE:

new V6 created

Hang Seng:

new V6 created based on Alco’s and David’s work – Thanks for your support

Best, Reiner

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01/15/2017 at 7:11 PM #21194

Bandido

@Elsborgtrading you are right, there are many differences from backtest and live trading…. i don’t understand why

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01/15/2017 at 11:00 PM #21214

flowsen123

Hey Elsborgtrading,

I read the discussion in the other topic you mentioned. there the problem was the differences in the trading time.

I have not checked yet, but do you think the backtest/live differences could be caused by holiday (days withou prices for the instrument). But even if this is the reason, there still is the problem that one cannot say if the backtest shows a propper result.

Until there is a solution, anytime pathfinder opens a position I check manual if the conditions are correct.

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