MA Simple Strategy with SL & TP & ATR Filters by DuDu95
By jason5480
Performance Metrics
- Author: jason5480
- Symbol: BINANCE:ETHUSDT
- Timeframe: 1 day
- Net P&L: +1,602,790.12 USDT (+1,684.76%)
- Win Rate: 65.1%
- Profit Factor: 2.266
- Max Drawdown: 342,658.33 USDT (43.72%)
- Total Trades: 43
- Sharpe Ratio: 0.307
Description
Hello Guys! Nice to meet you all!This is my second script!This Logic is trend following logic, This detects long & short trends by comparing the value of MAs.This fits to the longer time frame.### Long Condition1. Compare 4 MAs (you can chose MA Type)- Shortest MA (MA 1)- Shorter MA (MA 2)- Normal MA (MA 3)- Longer MA (MA 4)2. If MA 1 > MA 2 > MA 3 > MA 4, then Enter Long Position- ‘The arrangement of MAs in descending orders’ is the proxy of the long trend.### Short Condition1. Compare 4 MAs (you can chose MA Type)- Shortest MA (MA 1)- Shorter MA (MA 2)- Normal MA (MA 3)- Longer MA (MA 4)2. If MA 1 MA 2 > MA 3 > MA 4) breaks or (MA 1 < MA 2 < MA 3 < MA 4) breaks.2. When the price hits the stoploss3. When the price hits the take profit level (basically 50% of qty will be closed)### Etc1. Trend filter (ATR should be bigger than SMA of ATR)- If the volatility of price is to small (ATR), then there could be false signal. To filter this out, I used the condition ‘ATR should be larger than SMA of ATR’.2. Stoploss- Enabled Stoploss based on ATR, Percent, Risk-Reward Ratio,- Enabled Trailing Stoploss.3. Choose MA Type- You can choose MA Type+ Thanks for the stoploss template jason5480