Strategy BIAS Light Crude OIL

• 08/16/2023 at 1:56 AM #219132
  Aragorna

  //CLXXXX DEFPARAM CumulateOrders = false Oraacquisto= 050000 Oravendita = 080000 OraShort= 090000 OraCover = 170000 PositionSize=1 C1=ADX[20]>30 Timeframe(1 hour, default) IF Not LongOnMarket AND Time=Oraacquisto and C1 THEN BUY PositionSize CONTRACT AT MARKET ENDIF IF LongOnMarket AND Time=Oravendita THEN SELL PositionSize CONTRACT AT MARKET ENDIF IF Not shortOnMarket and Time=OraShort and C1 THEN sellshort PositionSize CONTRACT AT MARKET ENDIF IF shortOnMarket AND Time=OraCover THEN EXITSHORT AT MARKET ENDIF

  1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22

  //CLXXXX DEFPARAM CumulateOrders = false Oraacquisto= 050000 Oravendita = 080000 OraShort= 090000 OraCover = 170000 PositionSize=1 C1=ADX[20]>30 Timeframe(1 hour, default)   IF Not LongOnMarket AND Time=Oraacquisto and C1 THEN BUY PositionSize CONTRACT AT MARKET ENDIF IF LongOnMarket AND Time=Oravendita  THEN SELL PositionSize CONTRACT AT MARKET ENDIF IF Not shortOnMarket and Time=OraShort and C1 THEN sellshort PositionSize CONTRACT AT MARKET ENDIF IF shortOnMarket AND Time=OraCover  THEN EXITSHORT AT MARKET ENDIF

  Hi to everyone,

  just for learning, I’ve made a strategy on crude oil (I use Interactive broker, tested on future CLXXXX light crude oil),   backtesting time in different hours. Strategy has been backtested from 2009; ADX has been added as a filter. My question is, nowaddays does it still make sense create  a strategy like this? Bias strategy are still alive?

  if yes, How is it possbile to improve it? thank’s

  Alessio

  

  Aragorna

  Participant

  Topics: 35

  Replies: 124

  Been thanked: 9 times
  08/16/2023 at 2:04 AM #219133
  Aragorna

  results in attachment

  

  Aragorna

  Participant

  Topics: 35

  Replies: 124

  Been thanked: 9 times
  08/21/2023 at 2:30 PM #219430
  sfl

  Yes BIAS is working on CL, maybe not everyday of the week 🙂

  As you can see from the screenshot, avg trade is improved as well as equity curve,  anyway still too low for trading live, in my opinion.

  

  sfl

  Participant

  Topics: 5

  Replies: 21

  Been thanked: 1 time
  08/21/2023 at 3:00 PM #219433
  Aragorna

  My AVG trade is over 80. Why yours so low?

  

  Aragorna

  Participant

  Topics: 35

  Replies: 124

  Been thanked: 9 times
  08/21/2023 at 3:53 PM #219442
  sfl

  Aragorna wrote:

  My AVG trade is over 80. Why yours so low?

  Used Crude OIL (1€).

   

  

  sfl

  Participant

  Topics: 5

  Replies: 21

  Been thanked: 1 time
  08/21/2023 at 4:08 PM #219443
  Aragorna

  is it improvable for you? is it a strategy that makes sense to be improved?

  

  Aragorna

  Participant

  Topics: 35

  Replies: 124

  Been thanked: 9 times
  08/22/2023 at 7:45 AM #219463
  sfl

  Aragorna wrote:

  is it improvable for you? is it a strategy that makes sense to be improved?

  I think you should work on pattern filter and day of the week bias and try to improve the equity curve because as is it’s not good for trading live.

  

  sfl

  Participant

  Topics: 5

  Replies: 21

  Been thanked: 1 time
• Author
  Posts