This trend following strategy, optimized for DAX and using 1 hour candles, have a similar behaviour between long and short positions, resulting in a well-balanced algo that can run in most scenarios (in bullish, bearish, or non-clear scenarios)
The entries are based in a combination of 5 of the most common indicators, and the exit is based on indicators too (that means that the position can be closed just with a few pips in negative if the indicators points to a trend change)
This system allow to reverse operations according it’s signal too (for example can close a short when detects a long signal).
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Strategy type: Trend follower (well-balanced between long and short positions)
Input signals: Combines the signals of 5 of the most common and simple trend indicators.
Stop Loss: Always, dynamic with a max of 2,04%. By default, the exit is based on indicators (the exit of the operation can be from a few points to its max SL set). The last 200 operations have an average SL of 0,60%
Profit handling: Exit position based on indicators first. Trailing Stop by blocks based on ATR are used as a secondary (and very wide) protection. Possibility to add BE protection (configurable, disabled by default). Without target profit preconfigured, leaving the profit runs while indicators allow it.
General comments: Multipurpose and all-terrain strategy with a mid-low winning rate (35-55%) but good profit win/loss resulting ratio and a reduced drawdown.
Don’t be fooled: Results are shown for 1 contract at € 1 per point. Only 1 position at a time. Without martingales or partial closures (MM available, but not shown in results). Different configurations available and visible and non-obfuscated code. Visible headers in ProRealTime screenshots shown here, distinguishing between backtest, real and demo in each case (avoid screens without headers and quick photoshops 🏴☠️). Available versioning and results full information in our website and groups, with full tracking.
Extras: Delivered to be used out-of-the-box, but configurable for experienced users. Money Management and Drawdown control modules are available.
18 months license - Trading System for ProRealTime platform - Compatible with CFD accounts