Starter Edge Strategy by Los7capitales
By Los7capitales
Performance Metrics
- Author: Los7capitales
- Symbol: COINBASE:ETHUSD
- Timeframe: 5 minutes
- Net P&L: +40.39 USD (+4.04%)
- Win Rate: 47.4%
- Profit Factor: 1.339
- Max Drawdown: 18.97 USD (1.86%)
- Total Trades: 232
- Sharpe Ratio: 0.227
Description
Starter Edge StrategyA clean and rule-based scalping strategy using ZLEMA, MACD and EMA filters.DescriptionThe Starter Edge Strategy is a structured technical trading system that combines trend-following and momentum indicators to identify potential entries on both the long and short side.This script is intended for educational and research purposes only. It provides a clear visual framework for understanding basic momentum setups, with pre-defined risk/reward parameters and a focus on clarity of execution.It is especially designed for beginner traders or small account investors who want to learn how to apply disciplined entries and exits with clear visual feedback. The strategy uses small position sizing and a low initial capital ($1000), making it more accessible to those just starting out.All logic is fully transparent, with no repainting or subjective components.Key IndicatorsZLEMA (Zero-Lag Exponential Moving Average)MACD (based on ZLEMA)EMA 100 for trend filteringRSI for directional strength confirmationLong Entry ConditionsPrice above EMA 100MACD crosses above the signal lineHistogram is risingMACD and signal lines are not parallelRSI > 50Short Entry ConditionsPrice below EMA 100MACD crosses below the signal lineHistogram is fallingMACD and signal lines are not parallelRSI < 50Exit LogicTake Profit: +2% from entryStop Loss: -1% from entryVisual elements (optional): trade box, TP/SL lines, 2:1 risk/reward labelStrategy SettingsZLEMA Length: 34MACD: 12 / 26 / 9EMA 100 Length: adjustableRSI Period: 14TP: 2% (default)SL: 1% (default)Position size: 0.1Initial capital: $1000NotesThis script is not financial advice.Designed to help beginner traders study technical setups with clear visuals.Backtesting and further validation are strongly recommended before live use.