SSL + Wave Trend Strategy by kevinmck100
By LazyBear
Performance Metrics
- Author: LazyBear
- Symbol: BYBIT:ETHUSDT
- Timeframe: 15 minutes
- Net P&L: +738.84 USDT (+73.88%)
- Win Rate: 50.0%
- Profit Factor: 2.707
- Max Drawdown: 99.42 USDT (6.75%)
- Total Trades: 68
- Sharpe Ratio: 3.543
Description
Strategy incorporates the following features:Risk management:Configurable X% loss per stop lossConfigurable R:R ratioTrade entry:Based on strategy conditions belowTrade exit:Based on strategy conditions belowBacktesting:Configurable backtesting range by dateTrade drawings:Each entry condition indicator can be turned on and offTP/SL boxes drawn for all trades. Can be turned on and offTrade exit information labels. Can be turned on and offNOTE: Trade drawings will only be applicable when using overlay strategiesAlerting:Alerts on LONG and SHORT trade entriesDebugging:Includes section with useful debugging techniquesStrategy conditionsTrade entry:LONGC1: SSL Hybrid baseline is BLUEC2: SSL Channel crosses up (green above red)C3: Wave Trend crosses up (represented by pink candle body)C4: Entry candle height is not greater than configured thresholdC5: Entry candle is inside Keltner Channel (wicks or body depending on configuration)C6: Take Profit target does not touch EMA (represents resistance)SHORTC1: SSL Hybrid baseline is REDC2: SSL Channel crosses down (red above green)C3: Wave Trend crosses down (represented by orange candle body)C4: Entry candle height is not greater than configured thresholdC5: Entry candle is inside Keltner Channel (wicks or body depending on configuration)C6: Take Profit target does not touch EMA (represents support)Trade exit:Stop Loss: Size configurable with NNFX ATR multiplierTake Profit: Calculated from Stop Loss using R:R ratioCreditsStrategy is based on the YouTube video "This Unique Strategy Made 47% Profit in 2.5 Months [SSL + Wave Trend Strategy Tested 100 Times]" by TradeSmart.It combines the following indicators to determine trade entry/exit conditions:Wave Trend: Indicator: WaveTrend Oscillator [WT] by LazyBearSSL Channel: SSL channel by ErwinBeckersSSL Hybrid: SSL Hybrid by Mihkel00Keltner Channels: Keltner Channels Bands by ceyhunCandle Height: Candle Height in Percentage - Columns by FreeRevellerNNFX ATR: NNFX ATR by @sueun123