A Dax focused strategy using candle patterns on the 15min timeframe.
May go long or short around VWAP.
May also go long or short at specific times based on the 15min close related to VWAP.
Multiple underlying strategies can be deployed based on walk forward analysis as per my backtesting.
The different stratigies use different exits - but all are based on a trailing stop of some kind, with a max R TP also, typically 10R (maybe 20R for very tight stops).
Stops are generally a few ticks past the prior candle High/Low - but can be less depending on the size.
I trade using a % risk of the account based on the stop level.
The underlying strategies are updated at the start of each month and traded for a month.
I've been tracking performance since Dec 24 and trading live (fully automated) since mid Jan.
So far its in-line with my backtesting (from Jan 2022)
No trades are carried overnight, they close out at 18:00. No trades before 8:30am (EU/UK time)
I trade via speadbet platform but my algorithmic models and trade executions are generated from the DAX futures (i.e. Eurex:FDAX). I have some infrastructure that monitors the futures data and sends orders to MT4.
Figures here are guidance only - I’m still investigating and tweaking things as I go. Broadly the results are the same regardless of the tweaks, BE levels, trading days exclusions (EU,USA hols, high impact news days)
If you were to subscribe to live signals this is entirely at your own risk.
Thick blue line is month end R
Thin orange line is max R
Thin green line is max drawdown (i.e. not the max negative balance, although it may be)