jiehonglim

No Nonsense NNFX VP Strategy for Back Testing | jh

My first script, be kind :)

Most of the rules are implemented:
- Money management
- ATR, Baseline, Confirmation, Volume , Exit

More details below.

//////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////
//////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////
//Designed per No Nonsense Forex VP rules
//Made to be as modular as possible, so we can swap the indicators in and out.
//Originated from causecelebre
//Tried to put in as much VP rules as possible

///////////////////////////////////////////////////
//Rules Implemented:
///////////////////////////////////////////////////
// - SL 1.5 x ATR
// - TP 1 x ATR
//
// - Entry conditions
//// - Entry within 1 candles of baseline + 1 x confirmation + volume
//// - Entry only if baseline is < 1 x ATR
// - Exit conditions
//// - Exit on exit indicator or when baseline or confirmation flip

///////////////////////////////////////////////////
//Trades entries
///////////////////////////////////////////////////
// - First entry L1 or S1 with standard SL and TP
// - Second entry L2 or S2 with standard SL and exit upon the exit conditions

///////////////////////////////////////////////////
//Included Indicators and settings
///////////////////////////////////////////////////
// - Baseline = HMA 20
// - Confirmtion = SSL 10
// - Volume = TDFI 4
// - Exit = RVI 4

///////////////////////////////////////////////////
//Credits
// Strategy causecelebre
// TDFI causecelebre
// SSL Channel ErwinBeckers
//////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////
//////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////
Release Notes: Re-adjusted the logic to handle the 1 candle rule.
Release Notes: Added 2nd confirmation, Absolute Strength MTR Indicator.

Included indicators are just possible examples.

Obviously more testing and patience needed to get the right combination of indicators and settings :)
Release Notes: Changed to 0.1 lots per trade, this 400 USD or 2% of equity is not working out for me.

strategy.entry to strategy.order. Apparently strategy.entry is going to double the trade size as it takes it the other way.

Trade signal based on confirmation 2 (ASH).
Release Notes: Updated to version 4.
Added a label at the end explaining the various shapes plotted.
Most important change, ATR is correctly assigned upon confirmation signal.
Release Notes: Uploaded the corrected script.
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Wow! Found this while searching for indicators. I am just at the very beginning on my journey with VP. Very inspiring!
Reply
Good job! I found your contribution while searching for info on the strategy.order command, but my intention was also to implement my NNFX interpretation. Great minds think alike!
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gee_ell gee_ell
Hey also just a quick note... is your TDFI a repainter?
Reply
@gee_ell, hi nope it’s now. I tried that on one minute charts.
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gee_ell jiehonglim
@jiehonglim I started from the inspiration you gave me and thought about how we could modularize even more by using other indicators as inputs for the NNFX strategy. This way, one could very quickly test different functions for baseline, volume, etc. instead of copying and pasting indicator code every time and bloating code unnecessarily.

Turns out I had to get in touch with support... they told me you can't use indicators as inputs for a strategy, plain and simple. However, you can use ONE indicator as input for a study on the pro plan, and more with more expensive plans. That's not helpful.So let's keep working on that strategy!
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@gee_ell, I only recently discovered indicator on indicator, so it wasn't on my mind when I was coding this but the pro plan only allows one, so I guess we just have to make our code as modular as possible, so it's easy to swap indicator in and out.

You will need to modify other indicator code, like v2 to v4 and assign the right values.
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Good work! thanks share
when price reach the long_tp or short_tp (for L1 or S1), stop loss point should move to enter price (for L2 or S2)
how it can be
+1 Reply
@the_5786, Ah, the part of moving SL to breakeven is something on my todo list :)
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Beautiful work and congratulations as well with your first script...

I hope you are accepted into the private Discord group ... I imagine you have requested access .. after this interesting work ..

A couple of ideas, VP never said that the second confirmation indicator has to be a different to the first.

Why you don't use the same at the first one, but for the confirmation you can use another major temporality (x3 for example). It will reduce risk and make everything easier.

I would like to be part of the Discord private group as well, bu is not easy, specially with the Backtest what they ask.

Thank you so much for sharing it.
Reply
@jmcc76, have yet to join that private group. More testing to be done before I'm comfortable with my algo. :)
Reply
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