Trend Catcher Strategy by faytterro
By faytterro
Performance Metrics
- Author: faytterro
- Symbol: BINANCE:BTCUSDT
- Timeframe: 4 hours
- Net P&L: +1,004,632.40 USDT (+100.46%)
- Win Rate: 65.6%
- Profit Factor: 3.989
- Max Drawdown: 92,320.67 USDT (8.16%)
- Total Trades: 96
- Sharpe Ratio: 0.624
Description
Apr 17, 2024what is Trend Catcher Strategy?it is a strategy that opens long or short positions in the direction of the trend.what it does?TCS detects trend formations using its own unique method. Then, it opens a position in the direction of the trend and closes a part of the opened transaction (half according to default values) when the price reaches a certain level, and moves the remaining position to the point where it thinks the trend is over. You can easily understand how it works by looking at the images:how it does it?It obtains a value called a "limit" by dividing the difference between the highest value and the lowest value in a certain range (that is, the vector sum) to the sum of the lengths of the candles in a certain range (the total distance traveled). then multiplies this by 100 to get a percentage value. The closer this value is to 100, the stronger the trend.May 8, 2024Release Notestrading window added. thanks to BigJasTrades for it.