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Strategies development (entry & exit)

Entry, getting into a trend isn't hard at all - there are multiple entry points in a trend & within a trend to chose from each & every week, they come along with such regularity. Buying into strength is critical, so let's not waste our time on "weak" positions by filtering them out. Sorting the "wheat from the chaff" has to be done well before PostionScoring them.

Nailing the exit

This is little more tricky. I use two exits in most of my strategies (1) a looping stalestop exit & (2) a looping chandelier variable trailing stop tuned to the strategy being traded, meaning one exit condition is not used across the board. The standard CAM Strategy exits is the exception to the rule as it exits on a red downbar with a close under a 13 EMA.

Complexity of code

Amibroker formula language is similar to C, C++ using "arrays" & this is the reason why the code is so efficient & quick. Extra lines in a code can be cosmetic as well as functional. Extra lines of code allows for the inclusion of multiple filters using a large variety of parameters. Extra lines of code can smooth the results rather than determine the results. I have freely discussed my strategies, duplicating them would be near impossible. I was amazed when I had some of my strategies evaluated overseas necessitating the code to be explained to them in english, that's how complex strategies can be. Two different testers one in Europe & the other in the States couldn't understand my exploration formula till it was explained to them.

Lines of code

1. The CAM Strategy - 541 lines of code

2. The CAM Strategy with the inclusion of a stalestop & a completely different exit - 566 lines of code

3. The BOX Strategy - 1258 lines of code

4. The Hybrid Strategy - 1302 lines of code

5. The PANDA Strategy - 1108 lines of code

Skate.