Consecutive Up/Down Strategy with Reverse and SL by tweakerID
By tweakerID
Performance Metrics
- Author: tweakerID
- Symbol: BINANCE:BTCUSDT
- Timeframe: 2 hours
- Net P&L: +70,870.31 NONE (+713.94%)
- Win Rate: 41.9%
- Profit Factor: 1.187
- Max Drawdown: 61,710.71 NONE (48.90%)
- Total Trades: 399
- Sharpe Ratio: 0.427
Description
Extension of the built-in strategy by TradingView. The strategy buys after an X amount ofconsecutive bullish bars and viceversa for selling. This logic can be reversed and a Stop Losswith Take Profit can be added. There's also an option to adapt the SL into a Trailing Stop.