I11L OIL Bot — Strategy by I11L
By I11L
Performance Metrics
- Author: I11L
- Symbol: OANDA:BCOUSD
- Timeframe: 30 minutes
- Net P&L: +1,058,891.47 USD (+106.20%)
- Win Rate: 42.1%
- Profit Factor: 1.612
- Max Drawdown: 86,622.25 USD (6.33%)
- Total Trades: 299
- Sharpe Ratio: 0.916
Description
Mar 26, 2022The System makes use of the Bolinger Bands strategy from TradingView and implements simple Money Management Rules like SL and TP.You can adjust the following Parameters:Leverage: Leverage.Risk Capital per Trade: The amount you are willing to lose per Trade, keep in mind that changes in Leverage should follow changes in Risk Capital.TP_Factor: Default is 2:1 Risk:Reward, you might want to adjust this according to the underlying market.InvertBuyLogic: Inverts the Logic of the System, important for checking if you have a true performance advantage from using the System. I look for a flat looking Curve in the wrong mode.LookbackDistance: The distance your standart Deviation is refering to. A Lookback Distance too big might result in very few signals.DevMult: We only want outliers, so we multiply our standart Deviation Bands by a Factor.Mar 27, 2022Release NotesImplemented the TP properly.made it clearer what the "Invert Logic" means.Enhanced the system communication with color coding in the upper and lower Bollinger band.Adjusted the TP slightly upwards.Its now possible to adjust the forced Trading halt after a trade has been resvoled. Mar 27, 2022Release NotesFixed a wrong default Parameter Setting (whoops)