HIGHER HIGH LOWER LOW STRATEGY by Craig_Claussen
By Craig_Claussen
Performance Metrics
- Author: Craig_Claussen
- Symbol: COINBASE:BTCUSD
- Timeframe: 8 hours
- Net P&L: +32,755,409.69 USD (+26,124.05%)
- Win Rate: 86.7%
- Profit Factor: 18.212
- Max Drawdown: 1,451,758.22 USD (15.14%)
- Total Trades: 15
- Sharpe Ratio: 0.178
Description
Dec 10, 2019This is my favorite for Tradingview. Please use other indicators to find good entry and good exit. This is why this publication has so many indicators. A good indicator will find good results even on line chart. Feel free to try on "Heiken Ashi" but understand that "line" chart is much more realisticDue to tradingview's crappy auto resize, the best way to view this script is to click on the share button and "Make it Mine".Then you can see why my other indicators are "PRESENT"Cheers!!!Dec 15, 2019Release NotesThis strategy calculates the last high or the last low of a lookback period. If the previous high or low is breached, a signal to enter market is given. This new version adds safety check formula to try to catch potential fake-outs.Remember that Heiken Ashi do not provide true backtest results because bars are "averaged".However, this strategy works well with regular candles and line charts if you find the right settings and chart time frameEnjoyDec 15, 2019Release NotesApologies - Changed version number from 1 to 4Dec 15, 2019Release NotesUpdated to show back test on line chart on 8H BTCUSDUnreal!!