Momentum Trading Strategy (Weekly Chart) by amey.tavkar
By amey.tavkar
Performance Metrics
- Author: amey.tavkar
- Symbol: NSE:ASIANPAINT
- Timeframe: 1 week
- Net P&L: +56,993.60 NONE (+54.93%)
- Win Rate: 77.8%
- Profit Factor: 27.989
- Max Drawdown: 1,884.90 NONE (1.88%)
- Total Trades: 9
- Sharpe Ratio: 0.01
Description
The strategy will open position when there is momentum in the stockThe strategy will ride up your stop loss based on the super trend.The strategy will close your operation when the market price crossed the stop loss.The strategy will close operation when the line based on the volatility will crossed