MTF stochastic strategy by 03.freeman
By 03.freeman
Performance Metrics
- Author: 03.freeman
- Symbol: COINBASE:BTCUSD
- Timeframe: 15 minutes
- Net P&L: +44,795.67 USD (+44.80%)
- Win Rate: 91.3%
- Profit Factor: 3.366
- Max Drawdown: 4,383.53 USD (4.21%)
- Total Trades: 126
- Sharpe Ratio: 0.509
Description
Sep 5, 2018This strategy is based on MTF strategy found on Forex Factory forum and published by bobby2 (credits to him).This is quite simple but need improvement to work properly:1- it is made for 5 min chart2- when 15min stochastic cross above 50 and 5min stochastic is rising, buy3- when 15min stochastic cross below 50 and 5min stochastic is falling, sellSep 13, 2019Release NotesMajor update:- Updated to pinescript version 4- Now strategy works with any timeframe;- MTF is calculated based on current timeframe: if current TF is 30min, MTF is set automatically to 60min;- MTF stoch is smoothed using linear regression.Overall performances are very good in terms of profit factor, drawdown and net profit.