Volume Weighted Bollinger Bands Strategy by Ankit_1618
By Ankit_1618
Performance Metrics
- Author: Ankit_1618
- Symbol: BITSTAMP:BTCUSD
- Timeframe: 1 day
- Net P&L: +15,000.00 USD (+14.59%)
- Win Rate: 52.4%
- Profit Factor: 2.06
- Max Drawdown: 5,414.52 USD (4.75%)
- Total Trades: 42
- Sharpe Ratio: −0.019
Description
Simple strategy, Using Volume weighted Bollinger Bands> Directions for Usage:1. Use only in scripts where volume is specified by tradingview2. Check on which timeframe the script has a profit factor greater than 1.43. Use that timeframe for profitability4. In some high liquid securities there is a decent profit factor even at 5 min scale (optimise at your end!! all i want to say)Enjoy!Hope this helps!!