Bill Williams Averages. 3Lines Backtest — Strategy by HPotter
By HPotter
Performance Metrics
- Author: HPotter
- Symbol: CME_MINI:ES1!
- Timeframe: 1 day
- Net P&L: +63,562.50 USD (+65.52%)
- Win Rate: 70.3%
- Profit Factor: 1.421
- Max Drawdown: 33,625.00 USD (23.91%)
- Total Trades: 158
- Sharpe Ratio: 0.032
Description
This indicator calculates 3 Moving Averages for default values of 13, 8 and 5 days, with displacement 8, 5 and 3 days: Median Price (High+Low/2). The most popular method of interpreting a moving average is to compare the relationship between a moving average of the security's price with the security's price itself (or between several moving averages).