Example that works

Are there easylanguage examples out there that work (give back decent returns consistently)? I'm willing to pay for them (if from a commercial web site) if they are kick ass....

Andy

 

Not an EL example but this company sells the "Helix" trading system http://www.foundertrading.com/Helix.html >
ES Hypothetical Results Inception through 11/30/2003
Longest flat period: 6 days, 17 hours, 50 mins Look at the Equity Curve...

However I don't understand one thing here. They describe the strategy:

"Helix is a combination of both trend-following and counter-trend systems. The twelve different subsystems that comprise Helix include strategies revolving around breakouts, reversals, pivot points, and the previous day's price action."

In the performance report 'Max Contracts Held' = 1. As far as I know TS7 is still not able to backtest 12 subsystems simultaneously, only 1 at a time. Also Total Net Profit is suspiciously big for a system that trades only 1 contract at a time... $233k = 4660 points.

 

Hi Andy:

Here is the code you can try:

inputs: Length( 3), Multiplier(0.5);

Vars: Offset(0);

OFFSET = XAverage((H-L), Length);


Buy next bar at (((C+L+H)/3) - Multiplier*Offset) Limit;
SellShort next bar at (((C+L+H)/3) + Multiplier*Offset) Limit;


If MarketPosition = 1 Then Begin

Sell This Bar On Close;

End;

If MarketPosition = -1 Then Begin

BuyToCover This Bar On Close;


Choose MSFT as your stock, set it to 15 min bars, 100 days (or more) back. Set your commissions to $0.005 per share, do not allow multiple entries and look at the performance!
Enjoy

 

Could you please tell me in simple english what that code does? What is Xaverage?

 

http://www.futurestruth.com/topten.htm#past12months

 

Samaras,

XAverage is the exponential moving average.

The Offset = the exponential moving average of the High minus the Low of the last 3 bars of any time frame.

I think he's taking the pivot point((close + low + high)/3) of each previous bar and adding or subtracting that value with 1/2 of the Offset value.

I wish I'm right.....

Good Luck!

trend

 

Thanks for explaining. I knew that the logic looked familiar. There is a whole group of systems on my WLD3 called "Simplicity ... Take xxx" and they are all based on this logic. I wonder if abogdan got the idea from there? 'The systems where published by Vince Castelli who should receive credit for that. Anyone interested in Carovas work can take a look at his profil http://www.wealth-lab.com/cgi-bin/WealthLab.DLL/profile?user=Carova. The systems have little exposure, but impressive results. Currently I am researching this kind of systems, very interesting!