StrategyQuant X platform codebase – a place to share coded customizations and extensions – among all users.
Programming documentation is available here: Programming for SQ
Quick links to the main documentation articles and examples:
| How to extend StrategyQuant X: | Building block examples: Adding Envelopes indicator – step by step | Databank columns / metrics: |
All contents:
Net Profit divided by %Drawdown – is a good indicator of how quickly a strategy can recover from a loss
SL level pips, Pease. Thank you.
Exclude % of trades with the biggest ABSOLUTE value of profits/losses
0
(1 votes, average: 5.00 out of 5)
Loading...This snippet cut the biggest profits/losses from the original trades list.
If you set 5%; snippet will cut 2,5% biggest profits and 2.5% of the biggest losses.
Currently implemented for MT4.
Some uses for ER:
– A qualifier for a trend following trade; a trend is considered “persistent” only when RE is above a certain value, e.g. 0.3 or 0.4 .
– A filter to screen out choppy stocks/markets, where breakouts are frequently “fakeouts”.
– In an adaptive trading system, helping to determine whether to apply a trend following algorithm or a mean reversion algorithm.
– It is used in the calculation of Kaufman’s Adaptive Moving Average (KAMA).
Z – Score indicator implementation with two conditions/signals.
Currently implemented only for the MT4 version. ( 05/08/2020)
Optimization profile values as databank columns and filters. Works only from version SQ 129 up!
Walk-Forward values as databank columns and filters.
Traders Dynamic Index extension package for MT4
Average Entry Efficiency = Sum((Maximum Possible Difference in Prices For This Entry)/
(Profit Potential))/Number Of Trades
Total Efficiency = (Realized Difference in Prices)/(Profit Potential)