QuantNomad - EVWMA MACD Strategy by QuantNomad
By QuantNomad
Performance Metrics
- Author: QuantNomad
- Symbol: BINANCE:BTCUSDT
- Timeframe: 1 hour
- Net P&L: +85,620.74 NONE (+85.39%)
- Win Rate: 29.6%
- Profit Factor: 1.555
- Max Drawdown: 14,440.84 NONE (8.64%)
- Total Trades: 348
- Sharpe Ratio: 0.649
Description
Pretty simple EVWMA (Elastic Volume Weighted Moving Average ) MACD Strategy. EVWMA is a quite interesting moving average where the period of the MA is defined from the volume itself.It incorporates volume information in a natural and logical way. The EVWMA can be looked at as an approximation to the average price paid per share.As a volume period, you can use sum of the last x bars volumes.Here are other EVWMA indicators/strategies:EVWMA indicator: EVWMA Cross strategy: