BTC Candle Correlation Strategy by exlux
By exlux
Performance Metrics
- Author: exlux
- Symbol: BINANCE:ETHUSDT
- Timeframe: 4 hours
- Net P&L: +84,560.36 NONE (+8,456.04%)
- Win Rate: 48.5%
- Profit Factor: 3.939
- Max Drawdown: 18,379.75 NONE (37.02%)
- Total Trades: 68
- Sharpe Ratio: 0.359
Description
Aug 3, 2021This is a special strategy adapted for crypto market, which instead of using the current chart candles, we use inside calculation a candle from different charts.For best usage I recommend a big timeframe like 1-4h+.In this case we take the high, low, open and close candles from different brokers for BTC, and with it we form up the candle that we are going to use for the logic of entry.At the same time we are going to create an upper and lower bands using a moving average and the difference between high and low.So in a way to put it, if BTC triggers a sell or buy order, we input instead these orders on the current chart, like in this example with ETH.Rules for entryFor long : if we have a crossover of the btc source value with the upper band .For short: if we have a crossunder of the btc source vale with the lower band.For exit, we do it when we receive a different signal than the initial one.This strategy does not have any other risk management inside, so use it with caution.If you have any other questions, let me know !Aug 3, 2021Release Notessmall details