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ANSWERED - TREND FILTER
Hello guys... is there some piece of code for add to other strategies that filter the trend and only generates orders in the direction of the trend ? I mean to a code that works with any strategie.
I don't know exactly how to do a backtesting and optimization, I saw video with the instructions but bue my basic english i missed the most part of the explanation... is there some writen instructions?
Last edited by Lucas Izidoro; 12-14-2010 at 04:37 PM.
On a very broad scale, what you are asking for is the virtual "holy grail" of any trading strategy in that it would only make winning trades in the direction of the trend. We are all looking for that strategy. Please provide some more information on what you would like. You can absolutely create code that with the use of a bool input would allow you to toggle long/short trades only, but there has to be a set of definable rules for when you would like these trades to be made.
Regarding backtesting and optimization, the ST userguide has a section dedicated to optimization. Although, not terribly in depth, it's pretty good at covering the basics. Optimization is a very handy tool for finding a combination of input values that produce the best bactested results of a strategy. Take a simple strategy, like one of the moving averages, and play with it a bit, changing the range of input values and review the results. I recommend using a smaller range of values first or it could take a while for the results to be produced.
Hello jdavis..thanks for your answer..and sorry for my english... with my initial post I meant the following, (i can't explain it well in english but is something like this):
I saw that there is a strategy http://forexforums.dailyfx.com/free-...top-limit.html
that allows to filter the trend and only take BUY positions id the trend is UP and viceversa... the ''filter part'' is coding separately and ready for add to any strategy ??? if not I would like add that part to this strategie:
- EMA's 2 line Crossover:
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