CAP Close trading / back to an old level trading

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leo
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Cap Close Strategie

I checked manual EURUSD, DAX and DOW JONES with data from investing.com for 2022-2023

EURUSD

Days times % close

1st day 481 93.22

2nd day 6 1.16

3rd day 2 0.39

4th day 3 0.58

95.35 % after 4 days

DOW Jones

times % closed

1st day 325 63.85

2nd day 43 8.45

3rd day 21 4.13

4th day 15 2.95

5th day 9 1.77

81.14 % after 5 days


DAX

times % closed

1st day 289 56.78

2nd day 54 10.61

3rd day 29 5.70

4th day 18 3.54

5th day 17 3.34

79.96 % after 5 days


new parameters:

- Target  (Take Profit): candle close on a specific time. eg. 17:30, 1 min, 5 Min, 30 Min.

- Distance from Target: in Points or % ATR to open a trade towards Target Price.

- min distance in Points or % ATR to open a trade.

- Distance to Target in Points or % ATR for later or earlier trade close. (under- overshoot target price)


Signal should be valid for 24h. Can become multiple time filled/closed

If open trade is not closed on day one, have new deals should be possible daily (0-x time) and run them parallel



Example:

at 17:30 EURUSD is 1.100

active Periode 1: 09:00-10:00. we open trade at 1.112

close at 1.102

Not closed days are mostly when a strong trend begins, avoid with news filter

Replies 12
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0
Andrey Khatimlianskyi
Quote from leo

Here is the result with DOW Jones Backtest.

I test without SL to see max decrease.

I open Trades 1h before New York is open. (Open) Trade windows 3h.

Problem:

Sometimes on new days, I get new "inital" trades even the old are not closed. (Hedge allowed true&false).

Then the old trades are closed with a loss. I assume that correct because on new day new TP (MA1) but its not clear. May be we have settings i not know yet?

Overall, without strong trends, the CAP Close strategy is regularly positive. Martingale increases profit huge.

Important is US Newsfilter for 48h, which I don't use in the backtest.

DOW can go very far quickly, but can also go back again

Strong trend after non farm payroll

Image 5566

Image 5565


losses without SL. may be beause moving target.

Image 5567


ICmarkets Set File CP_DOW_MA1-D1.set

You can't have 2 "initial" (first) trades with the CP.

So, they are martin/anti-amrtin. Check carefully. 

Avatar
0
Andrey Khatimlianskyi
Quote from leo

MA 1, daily is an excellent idea. very smart, thanks Andrey.

I tried but I had to add second MA 200 on 4h "Buy on cross DN / Sell on cross UP" both as "Close on Collective Signal" for a better exit.

I open trade daily in time frame 08:00-11:00. Just one trade.

Result is good but not yet wow. It trades only about 50% of the days. Details in the pictures.

Question: Is it possible to open trades again with same logic, even if there is an active one? Ideal 1-n parallel.

I tried "new deal on new bar" but not successful.

Image 5559

CP_DAX_1day_MA1_close trade.ini

Additional trades can only be martingale or martingale. You can set distance 0 and lot coefficient = 1, so they will look like the first trades.

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1
leo

Here is the test result EURUSD.

I open trade 08:00 for a fix TP in both direction, 01.01.2022-31.12.2023

Martingale

no stoploss to see max decrease.

At the moment, its not possible to have daily new trades because existing trades are not closed.

I trick this by test per weekday (mo-fr). Like this it would be possible run on 5 charts, one per day. it improves huge.

MO 1017.96 €

DI 1772.62 €

MI 1035.09 €

DO 1017.57 €

FR 1114.75 €

Total 5957.99 € (29% of 20'000 Startbalance)

Backtest closes last trade at end with a loss. I call it goodwill :)

Monday

Image 5576

Tuesday

Image 5577

Wednesday

Image 5578

Thursday

Image 5579

Friday

Image 5582

CP-EURUSD-Daily.set

Image 5583

Avatar
0
leo

Here is the result with DOW Jones Backtest.

I test without SL to see max decrease.

I open Trades 1h before New York is open. (Open) Trade windows 3h.

Problem:

Sometimes on new days, I get new "inital" trades even the old are not closed. (Hedge allowed true&false).

Then the old trades are closed with a loss. I assume that correct because on new day new TP (MA1) but its not clear. May be we have settings i not know yet?

Overall, without strong trends, the CAP Close strategy is regularly positive. Martingale increases profit huge.

Important is US Newsfilter for 48h, which I don't use in the backtest.

DOW can go very far quickly, but can also go back again

Strong trend after non farm payroll

Image 5566

Image 5565


losses without SL. may be beause moving target.

Image 5567


ICmarkets Set File CP_DOW_MA1-D1.set

Avatar
0
leo

Here you see many day without a trade. Test was from 3.1.2022 to 27.12.2023

Avatar
1
leo

Image 5560

Avatar
0
leo

MA 1, daily is an excellent idea. very smart, thanks Andrey.

I tried but I had to add second MA 200 on 4h "Buy on cross DN / Sell on cross UP" both as "Close on Collective Signal" for a better exit.

I open trade daily in time frame 08:00-11:00. Just one trade.

Result is good but not yet wow. It trades only about 50% of the days. Details in the pictures.

Question: Is it possible to open trades again with same logic, even if there is an active one? Ideal 1-n parallel.

I tried "new deal on new bar" but not successful.

Image 5559

CP_DAX_1day_MA1_close trade.ini

Avatar
1
Andrey Khatimlianskyi
Quote from leo

No I would like CLOSE trade when reach "PreviousDayClose +/- X points".

I would open a trade Y Points away in direction PDC.


I exercise a lot with Pivot Points as signal. I'm never positiv with usage.

Pivot Point is rare touched. Very often it reverse before.

Ok.

MA above/below with period 1 and TimeFrame D1 will suit your needs.

You can also set a distance as a volatility (ATR, StDev).

Please share your set when you have some results.

Avatar
0
leo

No I would like CLOSE trade when reach "PreviousDayClose +/- X points".

I would open a trade Y Points away in direction PDC.


I exercise a lot with Pivot Points as signal. I'm never positiv with usage.

Pivot Point is rare touched. Very often it reverse before.

Avatar
0
Andrey Khatimlianskyi

Still not clear for me.

Do you want to open a trade when price reaches "PreviousDayClose +/- X points" level?

Try to use Pivot filter, it could work almost the same way.