DCA After Downtrend (by BHD_Trade_Bot) — Strategy by BHD_Trade_Bot
By BHD_Trade_Bot
Performance Metrics
- Author: BHD_Trade_Bot
- Symbol: NASDAQ:TSLA
- Timeframe: 1 hour
- Net P&L: +790,556.91 USD (0.00%)
- Win Rate: 95.3%
- Profit Factor: 1,454.291
- Max Drawdown: 540.68 USD (0.07%)
- Total Trades: 85
Description
The purpose of the strategy is to identify the end of a short-term downtrend. So that you can easily to DCA certain amount of money for each month.ENTRYThe buy orders are placed on a monthly basis for assets at the end of a short-term downtrend:- Each month condition: In 1-hour time frame, each month has 240 candles- The end of short-term downtrend condition: use MACD for less delayCLOSEThe sell orders are placed when:- Is last barThe strategy use $1000 and trading fee is 0.1% for each order.Pro tip: The 1-hour time frame for TSLA has the best results on average:- Total spent: $1000 x 85 = $85,000- Total profit: $790,556