Pivot Reversal strategy long only by exlux
By exlux
Performance Metrics
- Author: exlux
- Symbol: BINANCE:BTCUSDT
- Timeframe: 2 hours
- Net P&L: +275.42 NONE (+269.81%)
- Win Rate: 61.8%
- Profit Factor: 2.848
- Max Drawdown: 11.71 NONE (7.29%)
- Total Trades: 251
- Sharpe Ratio: 0.645
Description
Pivot Point Reversal StrategyPivot point reversal strategy is based on the first support level’s price action during the bullish trend and the first resistance level during the bearish trend . Traders follow the main trend and enter into the trade after reversal analyzing pivot point levels.This version is an upgraded version, combining the initial pivot point reversal strategy together with one of the most accuracy moving average in my opinion for day trade, the Least square moving average.At the same time I applied an option to backtest using a date range and a leverage calculator.The default options are optimized for BTC /USDT 2H charts, using 0.1% comission fee.If you have any questions, let me know