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).
Presentation video with results (March 2023) and full backtests
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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.
ADVISE: For CFD, if you recently opened your trading account, you may get an error “trailing stop is not compatible with your account” when launching any system. That’s because you have a “limited risk” account. Please contact your broker’s support, preferably by phone, requesting to unblock your account. The problem will disappear after unblock your account and restart ProRealTime.
To reduce the risk even in the same market, combine it too with our other DAX different strategies, reducing the possible drawdowns too. Take advantage and a high discount by subscribing to the DAX PACK
CURRENT VERSION BACKTEST
PREVIOUS VERSION BACKTEST WHEN RELEASED
We do not make-up drawdowns, big gains need drawdowns. Avoid magic systems and ratios, don’t be fooled. Our results show always results in Out Of Sample considering always the publication date of each version. Some studies or comparisons could use the last version, but we do not make-up past results with the new versions or optimizations, our official results tables and publications always show the real results)
All our algos have a max 2% Stop Loss (or less), a money management system and a configurable drawdown limit to protect capital in the worst of cases. All images show results with 1 contract configuration.
This algo is delivered to be used “out-of-the-box”, not recommended any change even in changing circumstances. Let us do the best for you, if the strategy has to be updated, we will do it after the corresponding study and period in real in our accounts before distributing it
☆☆ Look at the live tweets for the latest results: https://bit.ly/cfdautoSMT-BastetDAX ☆☆
With this product license, we offer access to all strategy updates and customer support during the license period. You can participate in our support groups, and we can offer to you recommendations about configuration and reinvestment modules, system selection, drawdown and recommended equity…. even portfolio suggestions and coexistence with other systems.
Take a look at our complete portfolio. Stable and reliable systems for all kinds of market circumstances. You can backtest and verify the latest results by yourself using our free and public demo: https://cfdautotrading.com/demo