Hallo together,
I need you to challange my code, which is done by the support of ChatGPT. On Backtesting the EA works, but can I use it on a real account?
The strategy is very simple and is proofed over a long term base, descriptions can be found on several internet pages, e.g (This is no advertising for WHS!!):
Trading-Strategie: Turnaround Tuesday, André Stagge (whselfinvest.de)
Original text: "This strategy, used by fund manager Andre Stagge, is characterized by simplicity: if the DAX index is bearish, you buy it on Monday evening and hold the position for 36 hours. To determine whether the DAX is bearish, a 34-day moving average is used. If the market price on Monday afternoon is below the 34-day average, a position will be opened on Monday evening. If the closing price is above the 34-day average, no position will be opened. The strategy does not use a profit target or a stop loss. ...... For automated trading, the opening and closing time in the strategy was set to 5:45 p.m. on Monday evening and 9:00 a.m. on Wednesday morning."
EA: Turnaround Tuesday
Working on: Dax
Timeframe: D1
MA setting: 20 (34 is normaly standard).
Open position: Monday 17:45 (DE, Berlin), if Dax D1 candle is under MA 34
Close position: Wednesday 9:00 (DE, Berlin)
You can test and improve the code, and inside the code you can find my link to my personal blog. Inside my blog I describe to build up a portfolio of Expert advisors to successfull building up "My1stMio".
Here is the result of the feedback inside the thread:
Status 17.03.24: Dax Version 1.00 (MA20 of current day, D1 chart)
Status 17.03.2024: Dax Version 1.01 (MA20 of previous day, D1 chart) -> Better results as DAX Version 1.00
Status 17.03.2024: EURJPY Version 1.00 (MA20 of current Day, D1 chart) -> Better results, than Version EURJPY 1.01
Status 17.03.2024: EURJPY Version 1.01 (MA20 of previous day, D1 chart)
Good luck and many thanks for your great support!!
ForexAs
I need you to challange my code, which is done by the support of ChatGPT. On Backtesting the EA works, but can I use it on a real account?
The strategy is very simple and is proofed over a long term base, descriptions can be found on several internet pages, e.g (This is no advertising for WHS!!):
Trading-Strategie: Turnaround Tuesday, André Stagge (whselfinvest.de)
Original text: "This strategy, used by fund manager Andre Stagge, is characterized by simplicity: if the DAX index is bearish, you buy it on Monday evening and hold the position for 36 hours. To determine whether the DAX is bearish, a 34-day moving average is used. If the market price on Monday afternoon is below the 34-day average, a position will be opened on Monday evening. If the closing price is above the 34-day average, no position will be opened. The strategy does not use a profit target or a stop loss. ...... For automated trading, the opening and closing time in the strategy was set to 5:45 p.m. on Monday evening and 9:00 a.m. on Wednesday morning."
EA: Turnaround Tuesday
Working on: Dax
Timeframe: D1
MA setting: 20 (34 is normaly standard).
Open position: Monday 17:45 (DE, Berlin), if Dax D1 candle is under MA 34
Close position: Wednesday 9:00 (DE, Berlin)
You can test and improve the code, and inside the code you can find my link to my personal blog. Inside my blog I describe to build up a portfolio of Expert advisors to successfull building up "My1stMio".
Here is the result of the feedback inside the thread:
Status 17.03.24: Dax Version 1.00 (MA20 of current day, D1 chart)
Attached File(s)
Turnaround_Tuesday_Dax_D1_v1.00.mq4
8 KB
|
36 downloads
|
Uploaded Mar 17, 2024 11:48am
Status 17.03.2024: Dax Version 1.01 (MA20 of previous day, D1 chart) -> Better results as DAX Version 1.00
Attached File(s)
Turnaround_Tuesday_Dax_D1_v1.01.mq4
8 KB
|
42 downloads
|
Uploaded Mar 17, 2024 11:51am
Status 17.03.2024: EURJPY Version 1.00 (MA20 of current Day, D1 chart) -> Better results, than Version EURJPY 1.01
Attached File(s)
Turnaround_Thursday_EURJPY_D1_v1.00.mq4
8 KB
|
31 downloads
|
Uploaded Mar 17, 2024 3:44pm
Status 17.03.2024: EURJPY Version 1.01 (MA20 of previous day, D1 chart)
Attached File(s)
Turnaround_Thursday_EURJPY_D1_v1.01.mq4
8 KB
|
38 downloads
|
Uploaded Mar 17, 2024 3:53pm
Good luck and many thanks for your great support!!
ForexAs