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Strange stop order using HIGH and LOW values

Hello

I generated strategies with just High and Low values and I realized stg interesting. There are sometimes stop orders placed to the (let say) HIGH - 0.5*BBWIDTH RATIO (55,2.0) and LOW + 0.5* BBWIDTH RATIO (55,2.0). This is good for short time period but not on the long run!

It makes much more sense to reverse them, so it is better to stay conservative.

So it should be:

HIGH + 0.5* BBWIDTH RATIO (55,2.0)
and
LOW - 0.5* BBWIDTH RATIO (55,2.0)

Best regards: Csaba

-------------------------UPDATE ------------------------------

And I found now also good strategies with the "strange" method. So please SQ Team, leave it as it is. :))


Thank you and best regards: Csaba

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  • Votes 0
  • Project StrategyQuant X
  • Type Bug
  • Status Refused
  • Priority Normal

History

l
#1

Csaba

11.11.2019 14:51

Task created

h
#2

hankeys

11.11.2019 17:57
genetics algorith is going through all combinations, so it could be + - and - + also


why not to put pending order on some indicator - value?

l
#3

Csaba

11.11.2019 18:15
@hankeys


My goal is to generate strategies as simple as possible.
I am on the opinion, that the price (let say EURUSD) does not know, that there is a Bollinger Band or a the CCI is going upwards or downwards...


I think it should just be placed "somewhere" a pending order and the breakout will activate it. I think if we have a well placed pending order, it does not matter if it is aligned to the Bollinger Band, Moving Average or High, Low, Close, Highest....


The exiting is for me much more relevant. For example:

- what kind of ATR or pip should I use to follow the price well?

- when should I pull it in breakeven?


Brg: Csaba

h
#4

hankeys

11.11.2019 18:47

Attachment bb.jpg added

its obvious and it has nothing to do with simplicity of strategy


imagine this situation


your strategy will be placing sell stop on lower BB band if CCI is lower than level 100


and from this situation is better to have in strategy on sell side +

l
#5

Csaba

11.11.2019 18:57
Yes, you are right. But for example at HIGH and LOW it does not make so much sense to use HIGH - or LOW + (except the candles have a very big wick...)
h
#6

hankeys

11.11.2019 19:34
its the same - high could have shift, so the price could be very far from actual....also situation with big candle and you are speculating for a return - something like return to mean after false breakout
l
#7

Csaba

14.11.2019 13:23
Yes it is right.

And I found now also good strategies with the "strange" method. So please SQ Team, leave it as it is. :))


Thank you and best regards: Csaba

l
#8

Csaba

14.11.2019 13:25

Description changed:

Hello

I generated strategies with just High and Low values and I realized stg interesting. There are sometimes stop orders placed to the (let say) HIGH - 0.5*BBWIDTH RATIO (55,2.0) and LOW + 0.5* BBWIDTH RATIO (55,2.0). This is good for short time period but not on the long run!

It makes much more sense to reverse them, so it is better to stay conservative.

So it should be:

HIGH + 0.5* BBWIDTH RATIO (55,2.0)
and
LOW - 0.5* BBWIDTH RATIO (55,2.0)

Best regards: Csaba

-------------------------UPDATE ------------------------------

And I found now also good strategies with the "strange" method. So please SQ Team, leave it as it is. :))


Thank you and best regards: Csaba

TB
#9

Tomas Brynda

14.11.2019 13:55

Status changed from New to Refused

Ok, thank you for your input :)
Votes: 0

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