Millebot — Strategy by Milleman
By Milleman
Performance Metrics
- Author: Milleman
- Symbol: BINANCE:LINKUSDT
- Timeframe: 1 hour
- Net P&L: +40,080.57 NONE (+40.08%)
- Win Rate: 36.8%
- Profit Factor: 1.64
- Max Drawdown: 4,997.49 NONE (3.96%)
- Total Trades: 174
- Sharpe Ratio: 0.98
Description
Hello Traders,Here you find a simplified version of the Millebot strategy.This strategy can be used as a complete system with integrated risk management. The strategy also uses a fixed stoploss and take-profit, in contrast to the full version of the Millebot, which applies a variabele SL, TP an trailing TP derived from the assets volatility.The Millebot is a trend-following system which detects the direction of the trend through "the Baseline". The entry-point is derived by using the Hull Moving Average.If the HMA switches direction, the trade also will be closed.An extra confirmation indicator can be activated to verify that the trend-detection is correct.If you have found this trading system informative or useful, please leave a comment.This strategy works very well on leveraged trading due to the low drawdown.Greetings Michael