HSI1! First 30m Candle Strategy (15m Chart) by james0445
By james0445
Performance Metrics
- Author: james0445
- Symbol: HKEX:HSI1!
- Timeframe: 15 minutes
- Net P&L: +265,300.00 HKD (+26.53%)
- Win Rate: 65.6%
- Profit Factor: 1.587
- Max Drawdown: 74,400.00 HKD (7.10%)
- Total Trades: 160
- Sharpe Ratio: 0.628
Description
## HSI1! First 30-Minute Candle Breakout Strategy (15m Chart) — Description### OverviewThis strategy is designed for trading **Hang Seng Index (HSI) Futures** on a 15-minute chart. It uses the price range established during the first 30 minutes of the Hong Kong main session (09:15–09:44:59) to define key breakout levels for a systematic trade entry each day.### How the Strategy Works#### 1. Reference Candle Period- **Aggregation Window:** The strategy monitors the first two 15-minute bars of the session (09:15:00–09:44:59 HKT).- **Range Capture:** It records the highest and lowest prices (the "reference high/low") during this window.#### 2. Trade Setup- After the 09:45 bar completes, the reference range is locked in.- Throughout the rest of the trading day (within session hours), the strategy looks for breakouts beyond the reference range.#### 3. Entry Rules- **Long Entry (Buy):** - Triggered if price rises to or above the reference high. - Only entered if the user's settings permit "Buy Only" or "Both".- **Short Entry (Sell):** - Triggered if price falls to or below the reference low. - Only entered if the user's settings permit "Sell Only" or "Both".- **Single trade per day:** - Once any trade executes, no additional trades are opened until the next session.#### 4. Exit Rules- **Take Profit (TP):** - Target profit is set to a distance equal to the initial range added above the long entry (or subtracted below the short entry). - Example: For a 100-point range, a long trade targets entry + 100 points.- **Stop Loss (SL):** - Longs are stopped out if price falls back to the session's reference low; shorts are stopped out if price rallies to the reference high.#### 5. Session Control- Active only within the regular day session (09:15–12:00 and 13:00–16:00 HKT).- Trade tracking resets each new trading day.#### 6. Trade Direction Manual Setting- A user input allows restriction to "Buy Only", "Sell Only" or "Both" directions, providing discretion over daily bias.### Example Workflow| Step | Action ||---------------------------|-------------------------------------------------------------------------|| 09:15–09:44 | Aggregate first two 15m candles; record daily high/low || After 09:45 | Wait for a breakout (price crossing either the high or the low) || Long trade triggered | Enter at the reference high, target is "high + range", SL is at the low || Short trade triggered | Enter at the reference low, target is "low - range", SL at the high || Trade management | No more trades for the day, regardless of further breakouts || End of session (if open) | Trades may be closed per further logic or left to strategy to handle |### Key Features and Benefits- **Discipline:** Only one trade per day, minimizing overtrading.- **Clarity:** Transparent entry/exit rules; no discretionary execution.- **Flexibility:** User can bias system to buy-only, sell-only, or allow both, depending on trend or personal view.- **Simple Risk Control:** Pre-defined stop loss and profit target for every trade.- **Works best in:** Trending, breakout-prone markets with a history of impulsive moves early in the session.This strategy is ideal for systematic traders looking to capture the Hang Seng's early session momentum, with robust rule-based management and minimal intervention.