CAP Close trading / back to an old level trading
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
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.
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.