Early Prorealtime Algo Development – True Range Break Out Dax 15 Minutes

Prorealtime Automated Trading Strategies And Training

Early Prorealtime Algo Development – True Range Break Out Dax 15 Minutes

True Range Break Out Prorealtime System

Having worked on the Siren series for some time with the complex indicators forcing hours long back tests I wanted to get back to a simpler code that could be worked with more quickly

The break out system should be applicable to multiple products and time frames with a level of volatility

From the original code which was little more than an indicator I have added money management rules, updated the trailing stop and optimised the time parameter and stop loss values

The code has been pretty consistent since April 2019 as discussed in the video and I have added it to demo following a promising walk forward test

The times present in the code are set for users in the London time zone and may need to be adjusted depending on your location

With the addition of filters I will be looking to increase the win percentage which at a little over 50% is lower than I would like

System Code:

True Range Breakout Dax15m

Code Library Snippets:

True Range Break Out Indicator

Bar Hunter Money Management

Stalker Trailing Stop

Prorealtime System Building

 

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