DCS Strategy

[spinemaligna]

Hi all,

Hoping you could assist in the following strategy idea.

Indicators:
DMI/ADX Histogram
CCI Highlight
SAR

Logic:

BUY signal

As soon as DMI goes green (ie D+ crosses D-)
ADX is above trigger line
SAR is below price
In whichever order this occurs

OPen x positions

Stop Loss

x% of difference between SAR value and price or preset value

Take profit 1 at x% of stop loss or preset value. Close x positions. Move S/L to breakeven.

When SAR moves above B/E trail S/L with SAR.

Reverse for Sell signals.

Hope this makes sense.

Ross

[Apprentice]

Your request is added to the development list under Id Number 4298

[spinemaligna]

Thank you

[Apprentice]

Try this version.
viewtopic.php?f=31&t=66891

[spinemaligna]

Quick work but not sure this fits my criteria. For instance no reference to CCI. I am trying to post a screenshot showing what I am trying to achieve. Can't seem to paste a screen shot on here.
Put simply when three indicators all agree, at that moment open a trade. When a predetermined gain has been made, close a portion of the trade and bring stoploss to break even. Once the SAR rises above B/E then trail the SAR.
The extras for example trading times and position cap are useful.
If you could tell me how to post screenshot then I think it will all become clear.
Once again many thanks for your prompt service

Ross

[spinemaligna]

Hi Apprentice,

Ross

[Apprentice]

Something like this?

DCS Strategy.lua

(89.54 KiB) Downloaded 534 times

[spinemaligna]

A thousand apologies Apprentice.

You haven't coded the CCI part of the strategy because I omitted it in the original request.
So as per the screen shot when all indicators agree then a trade/signal is triggered.
I like the inclusion of the ATR strand in the money management section.
I am confused as to how to set up the move S/L to break even and wait for SAR/ATR to come into play.

Sorry for the delay in response, I was driving from Turkey back to UK. Almost home for the winter now.

Ross

[Apprentice]

We don't understand what he is asking for.
Can you provide clear entry /exit rules?
Please use pseudo code.

[spinemaligna]

Dear All

As per screenshot.
Entry long when :

D+ is greater than D-. ie DMI histogram is green
ADX is above trigger level (adjustable)
CCI is above trigger level (adjustable)
SAR is negative.

Entries to be either live or close.

Opposite for short entries.

Money management

If using SAR

Stop loss %age of SAR
Take profit 1 %age of stop loss
Close x% of position and move stop loss to break even.
When SAR breaks above break even trail stop loss until stopped out or manual exit.

If using ATR stop dots

Set stop at stop dot of previous candle
Set Take profit 1 at profit dot of previous candle and move stop to break even.
When stop dot breaks above break even trail stop with stop dot until stopped out or manual exit.

Hope this makes sense to you.

Ross