DI+/- Cross Strategy with ATR SL and 2% TP by ElectricalPers
By ElectricalPers
Performance Metrics
- Author: ElectricalPers
- Symbol: CAPITALCOM:GOLD
- Timeframe: 15 minutes
- Net P&L: +24,043.49 USD (+2.40%)
- Win Rate: 18.3%
- Profit Factor: 1.225
- Max Drawdown: 34,534.55 USD (3.37%)
- Total Trades: 60
- Sharpe Ratio: 0.263
Description
DI+/- Cross Strategy with ATR Stop Loss and 2% Take Profit📝 Script Description for Publishing:This strategy is based on the directional movement of the market using the Average Directional Index (ADX) components — DI+ and DI- — to generate entry signals, with clearly defined risk and reward targets using ATR-based Stop Loss and Fixed Percentage Take Profit.🔍 How it works:Buy Signal: When DI+ crosses above 40, signaling strong bullish momentum.Sell Signal: When DI- crosses above 40, indicating strong bearish momentum.Stop Loss: Dynamically calculated using ATR × 1.5, to account for market volatility.Take Profit: Fixed at 2% above/below the entry price, for consistent reward targeting.🧠 Why it’s useful:Combines momentum breakout logic with volatility-based risk management.Works well on trending assets, especially when combined with higher timeframe filters.Clean BUY and SELL visual labels make it easy to interpret and backtest.✅ Tips for Use:Use on assets with clear trends (e.g., major forex pairs, trending stocks, crypto).Best on 30m – 4H timeframes, but can be customized.Consider combining with other filters (e.g., EMA trend direction or Bollinger Bands) for even better accuracy.