MZ SRSI Strategy V1.0 by MightyZinger
By MightyZinger
Performance Metrics
- Author: MightyZinger
- Symbol: INDEX:BTCUSD
- Timeframe: 1 day
- Net P&L: +428,245.38 USD (+428.25%)
- Win Rate: 45.2%
- Profit Factor: 5.542
- Max Drawdown: 41,660.78 USD (16.05%)
- Total Trades: 104
- Sharpe Ratio: 0.203
Description
Strategy IntroductionThis strategy starts from selection of 1st Moving Average from one of following:SMAEMADEMATEMALRCWMAMFVAMATMAHMAJMAKijun v2EDSMAMcGinleyThen it calculates the RSI of selected 1st Moving AverageIn the end it calculates Moving Average of previously calculated RSI and for this purpose 2nd Moving Average is also selected from above list.Cross of RSI and its Moving Average generates Strategy AlertsOnly long trades are enabled currentlyDefault SettingsI've set the default selection to the perfect options for 1D and 4h timeframes. You can modify both MAs selection and their length according to your selected timeframe.Following default settings are used:Heiken Ashi Candles are selected by default as source1st Moving Average selection is set to LRC (Linear Regression Curve)Length of 1st Moving Average is set to 50RSI length is set to 2 because it is supposed to be fast2nd Moving Average of RSI is set to TMA (Triangular Moving Average)Length of 1st Moving Average is set to 5Start date is set to 2011 Backtesting can also be done selecting %age of equitySuggestions for UsageMostly winning trades have no prominent drawdown so losing trades can be abolished with Stoploss. Would soon add Stoploss, MTF and Takeprofit options in next version. Also if you want an alerts version of it then just comment below and would publish it later. I’ve found this strategy useful on 1D and 4h timeframes with described default settings.