request of money management for a Grid strategy

ALE · Sat, 04 Feb 2017 06:36:17 +0000

Hello Guys having a little fortune this strategy could make money for a period, but as we know it is very dangerous. I’d like to share this code to ask you if someone could apply some intelligent money management. Thanks Ale name of the indicator to call :indicator “Universal 30” name of the indicator to call indicator: “divergenze” Strategy: DAX CFD 1€ _ 1 Minute_ // Funzione : universal 30 //------------------------------------------------------------------------- bandedge= 15 whitenoise= (Close - Close[6]) if barindex>bandedge then // super smoother filter a1= Exp(-1.414 * 3.14159 / bandedge) b1= 2*a1 * Cos(1.414*180 /bandedge) c2= b1 c3= -a1 * a1 c1= 1 - c2 - c3 filt= c1 * (whitenoise + whitenoise[1])/2+ c2*filt[1] + c3*filt[1] filt1 = filt if ABS(filt1)>pk[1] then pk = ABS(filt1) else pk = 0.994 * pk[1] endif if pk=0 then denom = -1 else denom = pk endif if denom = -1 then result = result[1] else result = filt1/pk endif endif RETURN result COLOURED(66,66,255) as "Universal Oscillator", 0 as "0" // DIVERGENCES STO PRC adapted from HK-LISSE code x = stochastic[5,3] y = average[3](x) if x>80 then hi=max(hi,x) hico=max(hico,max(high,high[1])) endif if x crosses under y then sto2b=sto1b sto1b=hi hi=0 p3b=p1b p2b=max(p1b,hico1) p1b=max(highest[3](high),hico) if p2b=p1b then p2b=max(p3b,p4b) endif hico=0 hico1=0 endif if x<y then p4b=hico1 hico1=max(hico1,high) endif if p1b>p2b and sto1b<sto2b and x crosses under y and x<x[1] then signB= -2 else signB= 0 endif if x<20 then lo=min(lo,x) lowco=min(lowco,min(low,low[1])) endif if x CROSSES OVER y then sto2h=sto1h sto1h=lo lo=100 p3h=p1h p2h=min(p1h,lowco1) p1h=min(lowest[3](low),lowco) if p2h=p1h then p2h=min(p3h,p4h) endif lowco=100000 lowco1=100000 endif if x>y then p4h=lowco1 lowco1=min(lowco1,low) endif if p1h<p2h and sto1h > sto2h and x crosses over y and x>x[1] then signH= 2 else signH= 0 endif //////////////////////////////////////////////// If signB CROSSES UNDER 0 then DRAWTEXT ( "S " ,barindex,- 0.20,dialog,standard,20) coloured ( 255,0,127 ) DRAWTEXT ( "T " ,barindex,- 0.30,dialog,standard,20) coloured ( 255,0,127 ) DRAWTEXT ( "O " ,barindex,- 0.40,dialog,standard,20) coloured ( 255,0,127 ) endif If signH CROSSES OVER 0 then DRAWTEXT ( "O " ,barindex,0.20,dialog,standard,20) coloured ( 0,153,0 ) DRAWTEXT ( "T " ,barindex,0.30,dialog,standard,20) coloured ( 0,153,0 ) DRAWTEXT ( "S " ,barindex,0.40,dialog,standard,20) coloured ( 0,153,0 ) endif return signH as " div STO bull ", signB as " div STO bear " , 0 as " zero " // Variables : // p = 5 // Overboughzone = 80 // Oversellzone = 20 // K = 3 // D = 3 // Definizione dei parametri del codice DEFPARAM CumulateOrders = true // Posizioni cumulate disattivate defparam flatafter=183000 defparam flatbefore=090000 indicator3, ignored, ignored = CALL Divergenze(close) c7 = (indicator3 > 0) c8 = (indicator3 < 0) // Condizioni per entrare su posizioni long indicator1, ignored = CALL "universal 30" c1 = (indicator1 <= -1) c2 = (close < open) c3 = (low < low[1]) IF c1 AND c2 AND c3 THEN BUY 1 CONTRACT AT MARKET ENDIF // Condizioni per entrare su posizioni short c4 = (indicator1 >= 1) c5 = (close > open) c6 = (high > high[2]) IF c4 AND c5 AND c6 THEN SELLSHORT 1 CONTRACT AT MARKET ENDIF if longonmarket and c7 then buy 1 contract at market endif if shortonmarket and c8 then sellshort at market endif if longonmarket and (close>positionprice) then sell at market endif if shortonmarket and (close<positionprice-2) then exitshort at market endif

This topic has 32 replies, 7 voices, and was last updated 6 years ago by Vonasi.

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12/30/2017 at 11:20 PM #56914

Nobody

With all these Grid systems the Black Swan will get you eventually , think CHFEUR peg think Cable gap crash , its a road to nowhere imo . I understand a lot of work has gone into these systems in here but one day the skinny end of the probability curve will get you . WORSE case scenario needs to be taken into account , not ignored .. MARTINGALE definitely never ever on my list

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12/30/2017 at 11:25 PM #56915

Nobody

winnie37 wrote:

lol. Funny to test but can be dramatic Even with a 10K account? what’s the max drawdown? Surely better to stay on Patfinder

Put the house in somone elses name that doesnt trade !!!!

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12/31/2017 at 9:42 AM #56936

Vonasi

I’m with Brisvegas on this one. I spent a fair amount of time dedicated to coding averaging down strategies and my conclusion was that they were money making machines….. until you ran out of money. It is called catching a falling knife for a very good reason. Black swan moment will kill you. Averaging up is a far better method if you want to add to a position especially if you have locked in profit or set your stop loss at break even as then you are only betting money that you have already won.

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