TRADE LIKE CASINO inspired by by Adam Khoo

• 11/17/2017 at 8:40 AM #53076
  Leo

  Hi all,

  Inspired by the videos and methodology from Adam Khoo (https://www.youtube.com/watch?v=bRCtBRsLPmk ) , I create this strategy using my indicator Leo Moving Average for detect local maximums and minimums.

  Although my code is universal  (for any market and any frame trade) Here is what I got, the strategy reflects my trading style: few money per trade to risk, small time frame, mini contract in IG.

  The strategy is simple: buy in support sell in resistance…. but:

  • When the ratio price-stoploss and price stopprofit is  higher than “Kcasino” which is a number more than one
  • When the trend is in favor (higher lows or lowers highs)
  • When the long term bias is in our favor

  I still not confident with the strategy because I like strategies with more winning ratios for using in real life.

  I hope we can all improve it.

  Cheers

  //TRADE LIKE CASINO //THIS IS A TRADING STRATEGY IN AREAS WHERE THE PROFIT/RISK RATIO IS HIGH THAN A VALUE (Kcasino) WHERE PROPABILITY IS IN THE FAVOR OF THE MOVEMENT //inspired by Adam Khoo //Autor: LEO DEFPARAM CumulateOrders = false // Cumulating positions deactivated DEFPARAM PreLoadBars = 3000 //cargar informacion //VARIABLES TO BE OPTIMIZED //period=20 //Period for analysis //Kcasino=1.75 //minimum profit/risk ratio between support and resistance //LongPeriod=1440 //Long term period for check bias //maxrisk=13 //max risk in pips for trade spread=0.7 IF TIME < 060000 THEN //(germany time) spread=2*spread ELSIF TIME>213000 THEN //(germany time) spread=2*spread ENDIF totalrisk=4*maxrisk*n*PIPVALUE //for stop the robot if things are going bad //Robot Working Time (Germany) IF TIME>023000 and TIME < 210000 THEN ontime=1 ELSE ontime=0 ENDIF ////// RISK CONTROL IF THINGS ARE GOING WONDERFULL ////// n = 1 + (strategyprofit / (134*pipvalue)) n = round(n * 100) n = n / 100 n = max(1,n) //----------- //Leo Moving Average, formula: LMA= WMA+(WMA-SMA) LMA=2*weightedaverage[period](close)-average[period](close) //Smoothed curve of Leo Moving Average IF BARINDEX > period THEN smoothLMA=weightedaverage[period](LMA) ELSE smoothLMA=undefined ENDIF // Direction or trend of the LMA // << Storage of minimums and maximums >> once mintemp=low once posmintemp=1 once maxtemp=high once posmaxtemp=1 IF BARINDEX>2 THEN // the value 0.7 is to ensure that the donchian channel is faster than the curves analysis (this value to be checked) IF low < lowest[round(0.7*period)](low[1]) THEN mintemp=low //minimum temporal posmintemp=BARINDEX //postition of minimum temporal ENDIF IF high > highest[round(0.7*period)](high[1]) then maxtemp=high //maximum temporal posmaxtemp=BARINDEX //position maximum temporal ENDIF ENDIF // << Detecting and locating a local minimums >> // Where the LMA is crossing the smoothed LMA, there is a maximum or minimum nearby // If there is a new local min/max, the preivus one is stored in de varible B... (before) once LEVMIN=low once POSLEVMIN=1 once LEVMAX=high once POSLEVMAX=1 once bullcross=0 once bearcross=0 IF BARINDEX > PERIOD THEN //For avoid computer errors bullcross=LMA crosses over smoothLMA bearcross=LMA crosses under smoothLMA ENDIF IF bullcross and POSLEVMIN<>posmintemp THEN BBLEVMIN=BLEVMIN // previus previus local minimum is saved //BBPOSLEVMIN=BPOSLEVMIN BLEVMIN=LEVMIN //previus local minimum is saved //BPOSLEVMIN=POSLEVMIN LEVMIN=mintemp POSLEVMIN=posmintemp support=LEVMIN ENDIF // --> Detecting and locating a local maximum IF bearcross and POSLEVMAX<>posmaxtemp THEN BBLEVMAX=BLEVMAX //previus local maximum is saved //BBPOSLEVMAX=BPOSLEVMAX BLEVMAX=LEVMAX //previus local maximum is saved //BPOSLEVMAX=POSLEVMAX LEVMAX=maxtemp POSLEVMAX=posmaxtemp resistance=LEVMAX ENDIF once support=low once resistance=high support=min(low,support) resistance=max(high,resistance) //------------ period2=LongPeriod //Leo Moving Average, formula: LMA= WMA+(WMA-SMA) LMA2=2*weightedaverage[period2](close)-average[period2](close) //Smoothed curve of Leo Moving Average IF BARINDEX > period2 THEN smoothLMA2=weightedaverage[period2](LMA) ELSE smoothLMA2=undefined ENDIF //LONG TRADES IF BBLEVMIN<BLEVMIN and BLEVMIN<LEVMIN and support=LEVMIN and close>smoothLMA THEN //higher lows, support has not been broken before and price is going up StopLossLong = (close-support)/pipsize + 2*spread //distance in pips for stoploss StopProfitLong = ((resistance+(resistance-support)*0.27)-close)/pipsize-2*spread //distance in pips to stopprofit (where an hippotetical support is brake until the fibbo expansion) IF StopProfitLong/StopLossLong > Kcasino THEN //the ratio between support and hipotetical brake of the next resistance is higher than Kcasino IF LMA2 > smoothLMA2 THEN //we have long term bias //HERE WE TRADE IF NOT LongOnMarket AND ontime=1 and StopLossLong<maxrisk THEN BUY n CONTRACTS AT MARKET SET STOP pLOSS StopLossLong SET TARGET pPROFIT StopLossLong*Kcasino ENDIF ENDIF ENDIF ENDIF //SHORT TRADES IF BBLEVMAX>BLEVMAX and BLEVMAX>LEVMAX and resistance=LEVMAX and close<smoothLMA THEN //lower highs, resistance have not been broken before and price going down StopLossShort=(resistance-close)/pipsize+2*spread StopProfitShort=(close-(support-(resistance-support)*0.27))/pipsize-2*spread IF StopProfitShort/StopLossShort > Kcasino THEN //the ratio between resistance and hipotetical brake of the next support is higher than Kcasino IF LMA2 < smoothLMA2 THEN //we have long term bias //HERE WE TRADE IF NOT ShortOnMarket AND ontime=1 and StopLossShort<maxrisk THEN SELLSHORT n CONTRACTS AT MARKET SET STOP pLOSS StopLossShort SET TARGET pPROFIT StopLossShort*Kcasino ENDIF ENDIF ENDIF ENDIF IF longonmarket then IF TIME > 224500 and DayOfWeek=5 then SELL AT MARKET ENDIF endif IF shortonmarket then IF TIME > 224500 and DayOfWeek=5 then EXITSHORT AT MARKET ENDIF endif //Quit the robot if things are going bad Q=MAX(Q,(STRATEGYPROFIT/pipvalue)) R=Q-STRATEGYPROFIT/pipvalue IF R > totalrisk THEN QUIT ENDIF IF STRATEGYPROFIT < (-1*totalrisk) THEN QUIT ENDIF

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  //TRADE LIKE CASINO //THIS IS A TRADING STRATEGY IN AREAS WHERE THE PROFIT/RISK RATIO IS HIGH THAN A VALUE (Kcasino) WHERE PROPABILITY IS IN THE FAVOR OF THE MOVEMENT //inspired by Adam Khoo //Autor: LEO   DEFPARAM CumulateOrders = false // Cumulating positions deactivated DEFPARAM PreLoadBars = 3000 //cargar informacion   //VARIABLES TO BE OPTIMIZED //period=20    //Period for analysis //Kcasino=1.75 //minimum profit/risk ratio between support and resistance //LongPeriod=1440 //Long term period for check bias //maxrisk=13 //max risk in pips for trade     spread=0.7 IF TIME < 060000 THEN //(germany time) spread=2*spread ELSIF TIME>213000 THEN //(germany time) spread=2*spread ENDIF   totalrisk=4*maxrisk*n*PIPVALUE //for stop the robot if things are going bad   //Robot Working Time (Germany) IF TIME>023000 and TIME < 210000 THEN ontime=1 ELSE ontime=0 ENDIF   ////// RISK CONTROL IF THINGS ARE GOING WONDERFULL  ////// n = 1 + (strategyprofit / (134*pipvalue)) n = round(n * 100) n = n / 100 n = max(1,n)   //-----------   //Leo Moving Average, formula: LMA= WMA+(WMA-SMA) LMA=2*weightedaverage[period](close)-average[period](close)   //Smoothed curve of Leo Moving Average IF BARINDEX > period THEN smoothLMA=weightedaverage[period](LMA) ELSE smoothLMA=undefined ENDIF   // Direction or trend of the LMA   // << Storage of minimums and maximums >> once mintemp=low once posmintemp=1 once maxtemp=high once posmaxtemp=1   IF BARINDEX>2 THEN // the value 0.7 is to ensure that the donchian channel is faster than the curves analysis (this value to be checked) IF low < lowest[round(0.7*period)](low[1]) THEN mintemp=low //minimum temporal posmintemp=BARINDEX //postition of minimum temporal ENDIF IF high > highest[round(0.7*period)](high[1]) then maxtemp=high //maximum temporal posmaxtemp=BARINDEX //position maximum temporal ENDIF ENDIF   //  << Detecting and locating a local minimums >> //  Where the LMA is crossing the smoothed LMA, there is a maximum or minimum nearby //  If there is a new local min/max, the preivus one is stored in de varible B... (before) once LEVMIN=low once POSLEVMIN=1 once LEVMAX=high once POSLEVMAX=1 once bullcross=0 once bearcross=0   IF BARINDEX > PERIOD THEN //For avoid computer errors bullcross=LMA crosses over smoothLMA bearcross=LMA crosses under smoothLMA ENDIF     IF bullcross and POSLEVMIN<>posmintemp  THEN BBLEVMIN=BLEVMIN        // previus previus local minimum is saved //BBPOSLEVMIN=BPOSLEVMIN BLEVMIN=LEVMIN        //previus local minimum is saved //BPOSLEVMIN=POSLEVMIN LEVMIN=mintemp POSLEVMIN=posmintemp support=LEVMIN ENDIF   // --> Detecting and locating a local maximum IF bearcross and POSLEVMAX<>posmaxtemp THEN BBLEVMAX=BLEVMAX       //previus local maximum is saved //BBPOSLEVMAX=BPOSLEVMAX BLEVMAX=LEVMAX       //previus local maximum is saved //BPOSLEVMAX=POSLEVMAX LEVMAX=maxtemp POSLEVMAX=posmaxtemp resistance=LEVMAX ENDIF   once support=low once resistance=high support=min(low,support) resistance=max(high,resistance)   //------------ period2=LongPeriod //Leo Moving Average, formula: LMA= WMA+(WMA-SMA) LMA2=2*weightedaverage[period2](close)-average[period2](close)   //Smoothed curve of Leo Moving Average IF BARINDEX > period2 THEN smoothLMA2=weightedaverage[period2](LMA) ELSE smoothLMA2=undefined ENDIF     //LONG TRADES IF BBLEVMIN<BLEVMIN and BLEVMIN<LEVMIN and support=LEVMIN and close>smoothLMA THEN //higher lows, support has not been broken before and price is going up StopLossLong = (close-support)/pipsize + 2*spread //distance in pips for stoploss StopProfitLong = ((resistance+(resistance-support)*0.27)-close)/pipsize-2*spread //distance in pips to stopprofit (where an hippotetical support is brake until the fibbo expansion) IF StopProfitLong/StopLossLong > Kcasino THEN //the ratio between support and hipotetical brake of the next resistance is higher than Kcasino IF LMA2 > smoothLMA2 THEN //we have long term bias //HERE WE TRADE IF NOT LongOnMarket AND ontime=1 and StopLossLong<maxrisk THEN BUY n CONTRACTS AT MARKET SET STOP pLOSS StopLossLong SET TARGET pPROFIT StopLossLong*Kcasino ENDIF ENDIF ENDIF ENDIF   //SHORT TRADES IF BBLEVMAX>BLEVMAX and BLEVMAX>LEVMAX and resistance=LEVMAX and close<smoothLMA THEN //lower highs, resistance have not been broken before and price going down StopLossShort=(resistance-close)/pipsize+2*spread StopProfitShort=(close-(support-(resistance-support)*0.27))/pipsize-2*spread IF StopProfitShort/StopLossShort > Kcasino THEN //the ratio between resistance and hipotetical brake of the next support is higher than Kcasino IF LMA2 < smoothLMA2 THEN //we have long term bias //HERE WE TRADE IF NOT ShortOnMarket AND ontime=1 and StopLossShort<maxrisk THEN SELLSHORT n CONTRACTS AT MARKET SET STOP pLOSS StopLossShort SET TARGET pPROFIT StopLossShort*Kcasino ENDIF ENDIF ENDIF ENDIF   IF longonmarket then IF TIME > 224500 and DayOfWeek=5 then SELL AT MARKET ENDIF endif   IF shortonmarket then IF TIME > 224500 and DayOfWeek=5 then EXITSHORT AT MARKET ENDIF endif   //Quit the robot if things are going bad Q=MAX(Q,(STRATEGYPROFIT/pipvalue)) R=Q-STRATEGYPROFIT/pipvalue IF R > totalrisk THEN QUIT ENDIF   IF STRATEGYPROFIT < (-1*totalrisk) THEN QUIT ENDIF

   

  1 user thanked author for this post.

  immo_vienna

  

  Leo

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  11/17/2017 at 8:45 AM #53085
  Nicolas

  Hi Leo, thank you very much for your post proposal in the library. I did not make a lot of tests about it but since it is mainly based upon optimized variables, and in order to maintain some kind of “quality” (to prevent discussions about overfitting, etc..), I’d prefer to publish it if you could make some robustness tests with the Walk Forward tool. If not that’s ok too, we can discuss about the strategy in this topic 🙂 Thank you again for your kindness.

  

  Nicolas

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  11/17/2017 at 11:59 AM #53102
  the_giorgio

  Is it possible to create a screener for swing trading with this ?

  

  the_giorgio

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  11/18/2017 at 9:03 PM #53202
  Leo

  I don’t work so much with screener

  Here I attached a WF in 1min timeframe

   

  

  Leo

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  11/19/2017 at 9:45 AM #53221
  Nicolas

  Hi Leo, thanks for the WFA. The OOS WFE are not so great but not too bad too! So in this case I would advise to try more OOS periods to reduce the time the optimized variables are used for the strategy (1 month in 1 minute timeframe is a lot of bars). Good luck and have a nice Sunday 😉

  

  Nicolas

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  11/20/2017 at 1:30 PM #53299
  Leo

  I try my best. I let you know if it improves

  

  Leo

  Participant

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  11/25/2017 at 8:42 AM #53899
  Leo

  Hi all,

  I got this code:

  • The code calculates and stores local max and min with a LMA indicator using “period”
  • The code also looking for local max and min with a faster LMA using “period3”
  • Entry long conditions are (for short are opposite)

  1. When there are higher lows and higher highs and the price is situated in a zone where stop and resistance has a ratio of Casino(>1)
  2. It is according to a long period moving average

  I hope you like the code, I am very optimistic because is like trading manual but with a computer…. but  somehow I am not fully satisfied. I think there should be another type  of indicator for filtering/confirm the entry.

  Can you tell me your opinions ?

  TRADE LIKE CASINO v1.2

  //TRADE LIKE CASINO v1.2 //THIS IS A TRADING STRATEGY IN AREAS WHERE THE PROFIT/RISK RATIO IS HIGH THAN A VALUE (Kcasino) WHERE PROPABILITY IS IN THE FAVOR OF THE MOVEMENT //inspired by Adam Khoo //Autor: LEO DEFPARAM CumulateOrders = false // Cumulating positions deactivated DEFPARAM PreLoadBars = 3000 //cargar informacion //VARIABLES TO BE OPTIMIZED //period=20 //Period for analysis //Kcasino=1.75 //minimum profit/risk ratio between support and resistance //LongPeriod=1440 //Long term period for check bias //maxrisk=13 //max risk in pips for trade //Kperiod=0.5 // spread=0.7 IF TIME < 060000 THEN //(germany time) spread=2*spread ELSIF TIME>213000 THEN //(germany time) spread=2*spread ENDIF totalrisk=4*maxrisk*n*PIPVALUE //for stop the robot if things are going bad //Robot Working Time (Germany) IF TIME>023000 and TIME < 210000 THEN ontime=1 ELSE ontime=0 ENDIF ////// RISK CONTROL IF THINGS ARE GOING WONDERFULL ////// n = 1 + (strategyprofit / (134*pipvalue)) n = round(n * 100) n = n / 100 n = max(1,n) //----------- //Leo Moving Average, formula: LMA= WMA+(WMA-SMA) LMA=2*weightedaverage[period](close)-average[period](close) //Smoothed curve of Leo Moving Average IF BARINDEX > period THEN smoothLMA=weightedaverage[period](LMA) ELSE smoothLMA=undefined ENDIF // Direction or trend of the LMA // << Storage of minimums and maximums >> once mintemp=low once posmintemp=1 once maxtemp=high once posmaxtemp=1 IF BARINDEX>2 THEN // the value 0.7 is to ensure that the donchian channel is faster than the curves analysis (this value to be checked) IF low < lowest[round(0.7*period)](low[1]) THEN mintemp=low //minimum temporal posmintemp=BARINDEX //postition of minimum temporal ENDIF IF high > highest[round(0.7*period)](high[1]) then maxtemp=high //maximum temporal posmaxtemp=BARINDEX //position maximum temporal ENDIF ENDIF // << Detecting and locating a local minimums >> // Where the LMA is crossing the smoothed LMA, there is a maximum or minimum nearby // If there is a new local min/max, the preivus one is stored in de varible B... (before) once LEVMIN=low once POSLEVMIN=1 once LEVMAX=high once POSLEVMAX=1 once bullcross=0 once bearcross=0 IF BARINDEX > PERIOD THEN //For avoid computer errors bullcross=LMA crosses over smoothLMA bearcross=LMA crosses under smoothLMA ENDIF IF bullcross and POSLEVMIN<>posmintemp THEN //BBLEVMIN=BLEVMIN // previus previus local minimum is saved //BBPOSLEVMIN=BPOSLEVMIN BLEVMIN=LEVMIN //previus local minimum is saved //BPOSLEVMIN=POSLEVMIN LEVMIN=mintemp POSLEVMIN=posmintemp support=LEVMIN ENDIF // --> Detecting and locating a local maximum IF bearcross and POSLEVMAX<>posmaxtemp THEN //BBLEVMAX=BLEVMAX //previus local maximum is saved //BBPOSLEVMAX=BPOSLEVMAX BLEVMAX=LEVMAX //previus local maximum is saved //BPOSLEVMAX=POSLEVMAX LEVMAX=maxtemp POSLEVMAX=posmaxtemp resistance=LEVMAX ENDIF once support=low once resistance=high support=min(low,support) resistance=max(high,resistance) /////////////////////////////////////////////////// //------------------------------------------------ period3=round(Kperiod*period) //Leo Moving Average, formula: LMA= WMA+(WMA-SMA) LMA3=2*weightedaverage[period3](close)-average[period3](close) //Smoothed curve of Leo Moving Average IF BARINDEX > period3 THEN smoothLMA3=weightedaverage[period3](LMA3) ELSE smoothLMA3=undefined ENDIF // Direction or trend of the LMA // << Storage of minimums and maximums >> once mintemp3=low once posmintemp3=1 once maxtemp3=high once posmaxtemp3=1 IF BARINDEX>2 THEN // the value 0.7 is to ensure that the donchian channel is faster than the curves analysis (this value to be checked) IF low < lowest[round(0.7*period3)](low[1]) THEN mintemp3=low //minimum temporal posmintemp3=BARINDEX //postition of minimum temporal ENDIF IF high > highest[round(0.7*period3)](high[1]) then maxtemp3=high //maximum temporal posmaxtemp3=BARINDEX //position maximum temporal ENDIF ENDIF // << Detecting and locating a local minimums >> // Where the LMA is crossing the smoothed LMA, there is a maximum or minimum nearby // If there is a new local min/max, the preivus one is stored in de varible B... (before) once LEVMIN3=low //once POSLEVMIN3=1 once LEVMAX3=high //once POSLEVMAX3=1 once bullcross3=0 once bearcross3=0 IF BARINDEX > PERIOD3 THEN //For avoid computer errors bullcross3=LMA3 crosses over smoothLMA3 bearcross3=LMA3 crosses under smoothLMA3 ENDIF IF bullcross3 and POSLEVMIN3<>posmintemp3 THEN //BLEVMIN3=LEVMIN3 //previus local minimum is saved //BPOSLEVMIN3=POSLEVMIN3 LEVMIN3=mintemp3 POSLEVMIN3=posmintemp3 support3=LEVMIN3 ENDIF // --> Detecting and locating a local maximum IF bearcross3 and POSLEVMAX3<>posmaxtemp3 THEN //BLEVMAX3=LEVMAX3 //previus local maximum is saved //BPOSLEVMAX3=POSLEVMAX3 LEVMAX3=maxtemp3 POSLEVMAX3=posmaxtemp3 resistance3=LEVMAX3 ENDIF support3=min(low,support3) resistance3=max(high,resistance3) ////////////////// LONG TERM BIAS ///////////// //------------ period2=LongPeriod //Leo Moving Average, formula: LMA= WMA+(WMA-SMA) LMA2=2*weightedaverage[period2](close)-average[period2](close) //Smoothed curve of Leo Moving Average IF BARINDEX > period2 THEN smoothLMA2=weightedaverage[period2](LMA) ELSE smoothLMA2=undefined ENDIF //LONG TRADES IF BLEVMIN<LEVMIN and LEVMIN<LEVMIN3 and support=LEVMIN and close>smoothLMA3 and BLEVMAX<LEVMAX THEN //higher lows, support has not been broken before and price is going up StopLossLong = (close-support3)/pipsize + 2*spread //distance in pips for stoploss StopProfitLong = (resistance-close)/pipsize-4*spread //distance in pips to stopprofit (where an hippotetical support is brake until the fibbo expansion) IF StopProfitLong/StopLossLong > Kcasino THEN //the ratio between support and hipotetical brake of the next resistance is higher than Kcasino IF LMA2 > smoothLMA2 THEN //we have long term bias //HERE WE TRADE IF NOT LongOnMarket AND ontime=1 and StopLossLong<maxrisk THEN BUY n CONTRACTS AT MARKET SET STOP pLOSS StopLossLong SET TARGET pPROFIT StopLossLong*(Kcasino-0.25) ENDIF ENDIF ENDIF ENDIF //SHORT TRADES IF BLEVMAX>LEVMAX and LEVMAX>LEVMAX3 and resistance=LEVMAX and close<smoothLMA3 and BLEVMIN > LEVMIN THEN //lower highs, resistance have not been broken before and price going down StopLossShort=(resistance3-close)/pipsize+2*spread StopProfitShort=(close-support)/pipsize-4*spread IF StopProfitShort/StopLossShort > Kcasino THEN //the ratio between resistance and hipotetical brake of the next support is higher than Kcasino IF LMA2 < smoothLMA2 THEN //we have long term bias //HERE WE TRADE IF NOT ShortOnMarket AND ontime=1 and StopLossShort<maxrisk THEN SELLSHORT n CONTRACTS AT MARKET SET STOP pLOSS StopLossShort SET TARGET pPROFIT StopLossShort*(Kcasino-0.25) ENDIF ENDIF ENDIF ENDIF IF longonmarket then IF TIME > 224500 and DayOfWeek=5 then SELL AT MARKET ENDIF endif IF shortonmarket then IF TIME > 224500 and DayOfWeek=5 then EXITSHORT AT MARKET ENDIF endif //Quit the robot if things are going bad Q=MAX(Q,(STRATEGYPROFIT/pipvalue)) R=Q-STRATEGYPROFIT/pipvalue IF R > totalrisk THEN QUIT ENDIF IF STRATEGYPROFIT < (-1*totalrisk) THEN QUIT ENDIF

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  //TRADE LIKE CASINO v1.2 //THIS IS A TRADING STRATEGY IN AREAS WHERE THE PROFIT/RISK RATIO IS HIGH THAN A VALUE (Kcasino) WHERE PROPABILITY IS IN THE FAVOR OF THE MOVEMENT //inspired by Adam Khoo //Autor: LEO   DEFPARAM CumulateOrders = false // Cumulating positions deactivated DEFPARAM PreLoadBars = 3000 //cargar informacion   //VARIABLES TO BE OPTIMIZED //period=20    //Period for analysis //Kcasino=1.75 //minimum profit/risk ratio between support and resistance //LongPeriod=1440 //Long term period for check bias //maxrisk=13 //max risk in pips for trade //Kperiod=0.5 //     spread=0.7 IF TIME < 060000 THEN //(germany time) spread=2*spread ELSIF TIME>213000 THEN //(germany time) spread=2*spread ENDIF   totalrisk=4*maxrisk*n*PIPVALUE //for stop the robot if things are going bad   //Robot Working Time (Germany) IF TIME>023000 and TIME < 210000 THEN ontime=1 ELSE ontime=0 ENDIF   ////// RISK CONTROL IF THINGS ARE GOING WONDERFULL  ////// n = 1 + (strategyprofit / (134*pipvalue)) n = round(n * 100) n = n / 100 n = max(1,n)   //-----------   //Leo Moving Average, formula: LMA= WMA+(WMA-SMA) LMA=2*weightedaverage[period](close)-average[period](close)   //Smoothed curve of Leo Moving Average IF BARINDEX > period THEN smoothLMA=weightedaverage[period](LMA) ELSE smoothLMA=undefined ENDIF   // Direction or trend of the LMA   // << Storage of minimums and maximums >> once mintemp=low once posmintemp=1 once maxtemp=high once posmaxtemp=1   IF BARINDEX>2 THEN // the value 0.7 is to ensure that the donchian channel is faster than the curves analysis (this value to be checked) IF low < lowest[round(0.7*period)](low[1]) THEN mintemp=low //minimum temporal posmintemp=BARINDEX //postition of minimum temporal ENDIF IF high > highest[round(0.7*period)](high[1]) then maxtemp=high //maximum temporal posmaxtemp=BARINDEX //position maximum temporal ENDIF ENDIF   //  << Detecting and locating a local minimums >> //  Where the LMA is crossing the smoothed LMA, there is a maximum or minimum nearby //  If there is a new local min/max, the preivus one is stored in de varible B... (before) once LEVMIN=low once POSLEVMIN=1 once LEVMAX=high once POSLEVMAX=1 once bullcross=0 once bearcross=0   IF BARINDEX > PERIOD THEN //For avoid computer errors bullcross=LMA crosses over smoothLMA bearcross=LMA crosses under smoothLMA ENDIF     IF bullcross and POSLEVMIN<>posmintemp  THEN //BBLEVMIN=BLEVMIN        // previus previus local minimum is saved //BBPOSLEVMIN=BPOSLEVMIN BLEVMIN=LEVMIN        //previus local minimum is saved //BPOSLEVMIN=POSLEVMIN LEVMIN=mintemp POSLEVMIN=posmintemp support=LEVMIN ENDIF   // --> Detecting and locating a local maximum IF bearcross and POSLEVMAX<>posmaxtemp THEN //BBLEVMAX=BLEVMAX       //previus local maximum is saved //BBPOSLEVMAX=BPOSLEVMAX BLEVMAX=LEVMAX       //previus local maximum is saved //BPOSLEVMAX=POSLEVMAX LEVMAX=maxtemp POSLEVMAX=posmaxtemp resistance=LEVMAX ENDIF   once support=low once resistance=high support=min(low,support) resistance=max(high,resistance)   /////////////////////////////////////////////////// //------------------------------------------------ period3=round(Kperiod*period) //Leo Moving Average, formula: LMA= WMA+(WMA-SMA) LMA3=2*weightedaverage[period3](close)-average[period3](close)   //Smoothed curve of Leo Moving Average IF BARINDEX > period3 THEN smoothLMA3=weightedaverage[period3](LMA3) ELSE smoothLMA3=undefined ENDIF   // Direction or trend of the LMA   // << Storage of minimums and maximums >> once mintemp3=low once posmintemp3=1 once maxtemp3=high once posmaxtemp3=1   IF BARINDEX>2 THEN // the value 0.7 is to ensure that the donchian channel is faster than the curves analysis (this value to be checked) IF low < lowest[round(0.7*period3)](low[1]) THEN mintemp3=low //minimum temporal posmintemp3=BARINDEX //postition of minimum temporal ENDIF IF high > highest[round(0.7*period3)](high[1]) then maxtemp3=high //maximum temporal posmaxtemp3=BARINDEX //position maximum temporal ENDIF ENDIF   //  << Detecting and locating a local minimums >> //  Where the LMA is crossing the smoothed LMA, there is a maximum or minimum nearby //  If there is a new local min/max, the preivus one is stored in de varible B... (before) once LEVMIN3=low //once POSLEVMIN3=1 once LEVMAX3=high //once POSLEVMAX3=1 once bullcross3=0 once bearcross3=0   IF BARINDEX > PERIOD3 THEN //For avoid computer errors bullcross3=LMA3 crosses over smoothLMA3 bearcross3=LMA3 crosses under smoothLMA3 ENDIF     IF bullcross3 and POSLEVMIN3<>posmintemp3  THEN //BLEVMIN3=LEVMIN3        //previus local minimum is saved //BPOSLEVMIN3=POSLEVMIN3 LEVMIN3=mintemp3 POSLEVMIN3=posmintemp3 support3=LEVMIN3 ENDIF   // --> Detecting and locating a local maximum IF bearcross3 and POSLEVMAX3<>posmaxtemp3 THEN //BLEVMAX3=LEVMAX3       //previus local maximum is saved //BPOSLEVMAX3=POSLEVMAX3 LEVMAX3=maxtemp3 POSLEVMAX3=posmaxtemp3 resistance3=LEVMAX3 ENDIF   support3=min(low,support3) resistance3=max(high,resistance3)     ////////////////// LONG TERM BIAS ///////////// //------------ period2=LongPeriod //Leo Moving Average, formula: LMA= WMA+(WMA-SMA) LMA2=2*weightedaverage[period2](close)-average[period2](close)   //Smoothed curve of Leo Moving Average IF BARINDEX > period2 THEN smoothLMA2=weightedaverage[period2](LMA) ELSE smoothLMA2=undefined ENDIF     //LONG TRADES IF BLEVMIN<LEVMIN and LEVMIN<LEVMIN3 and support=LEVMIN and close>smoothLMA3 and BLEVMAX<LEVMAX THEN //higher lows, support has not been broken before and price is going up StopLossLong = (close-support3)/pipsize + 2*spread //distance in pips for stoploss StopProfitLong = (resistance-close)/pipsize-4*spread //distance in pips to stopprofit (where an hippotetical support is brake until the fibbo expansion) IF StopProfitLong/StopLossLong > Kcasino THEN //the ratio between support and hipotetical brake of the next resistance is higher than Kcasino IF LMA2 > smoothLMA2 THEN //we have long term bias //HERE WE TRADE IF NOT LongOnMarket AND ontime=1 and StopLossLong<maxrisk THEN BUY n CONTRACTS AT MARKET SET STOP pLOSS StopLossLong SET TARGET pPROFIT StopLossLong*(Kcasino-0.25) ENDIF ENDIF ENDIF ENDIF   //SHORT TRADES IF BLEVMAX>LEVMAX and LEVMAX>LEVMAX3 and resistance=LEVMAX and close<smoothLMA3 and BLEVMIN > LEVMIN THEN //lower highs, resistance have not been broken before and price going down StopLossShort=(resistance3-close)/pipsize+2*spread StopProfitShort=(close-support)/pipsize-4*spread IF StopProfitShort/StopLossShort > Kcasino THEN //the ratio between resistance and hipotetical brake of the next support is higher than Kcasino IF LMA2 < smoothLMA2 THEN //we have long term bias //HERE WE TRADE IF NOT ShortOnMarket AND ontime=1 and StopLossShort<maxrisk THEN SELLSHORT n CONTRACTS AT MARKET SET STOP pLOSS StopLossShort SET TARGET pPROFIT StopLossShort*(Kcasino-0.25) ENDIF ENDIF ENDIF ENDIF   IF longonmarket then IF TIME > 224500 and DayOfWeek=5 then SELL AT MARKET ENDIF endif   IF shortonmarket then IF TIME > 224500 and DayOfWeek=5 then EXITSHORT AT MARKET ENDIF endif   //Quit the robot if things are going bad Q=MAX(Q,(STRATEGYPROFIT/pipvalue)) R=Q-STRATEGYPROFIT/pipvalue IF R > totalrisk THEN QUIT ENDIF   IF STRATEGYPROFIT < (-1*totalrisk) THEN QUIT ENDIF

   

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  Fabiano

  

  Leo

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  11/26/2017 at 2:43 PM #54009
  Leo

  EUR/USD in 5min the system is promising.

  It is possible, someone of you can tested with 200K bars. Thanks

   

  

  Leo

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  11/26/2017 at 7:24 PM #54032
  rejo007

  It’s extremely long to run backtest on this strategy.

  Do you have the same problem?

  

  rejo007

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  11/28/2017 at 2:27 PM #54273
  Leo

  I tried my best for optimizing the code but the mathematics inside I think is the issue.

   

  

  Leo

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  06/07/2018 at 2:48 PM #72574
  Kate

  HI

  Thank you for sharing your idea.

  When I want to compile it, I have errors in these too lines

   

  DEFPARAM CumulateOrders = false // Cumulating positions deactivated

   

  and

   

  the last

  ENDIF

   

  would you please help me to solve it? I am working with MQL5 editor.

   

  looking forward to you

  Thank you

   

  

  Kate

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  06/07/2018 at 9:54 PM #72600
  Vonasi

  Kate -This is a forum dedicated to coding for the ProRealTime platform  Support for MQL5 is not offered here.

  

  Vonasi

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