Stochastic RSI Strategy (with SMA and VWAP Filters) by thedoggwalker
By thedoggwalker
Performance Metrics
- Author: thedoggwalker
- Symbol: CME_MINI:MES1!
- Timeframe: 15 minutes
- Net P&L: +177.50 USD (+0.18%)
- Win Rate: 49.0%
- Profit Factor: 1.081
- Max Drawdown: 362.50 USD (0.36%)
- Total Trades: 149
- Sharpe Ratio: −1.255
Description
The strategy is designed to trade on the Stochastic RSI indicator crossover signals.Below are all of the trading conditions: -When the Stochastic RSI crosses above 30, a long position is entered.-When the Stochastic RSI crosses below 70, a short position is entered.-The strategy also includes two additional conditions for entry:-Long entries must have a positive spread value between the 9 period simple moving average and the 21 period simple moving average.-Short entries must have a negative spread value between the 9 period simple moving average and the 21 period simple moving average.-Long entries must also be below the volume-weighted average price.-Short entries must also be above the volume-weighted average price.-The strategy includes stop loss and take profit orders for risk management:-A stop loss of 20 ticks is placed for both long and short trades.-A take profit of 25 ticks is placed for both long and short trades.