2xSPYTIPS Strategy by Fra public version by Francesco_TaCat
By Francesco_TaCat
Performance Metrics
- Author: Francesco_TaCat
- Symbol: SP:SPX
- Timeframe: 1 day
- Net P&L: +120,121.12 EUR (+709.92%)
- Win Rate: 79.2%
- Profit Factor: 5.094
- Max Drawdown: 21,228.70 EUR (84.51%)
- Total Trades: 173
- Sharpe Ratio: 0.145
Description
Feb 15This is a test strategy with S&P500, open source so everyone can suggest everything, I'm open to any advice.Rules of the "2xSPYTIPS" Strategy :This trading strategy is designed to operate on the S&P 500 index and the TIPS ETF. Here’s how it works: 1. Buy Conditions ("BUY"): - The S&P 500 must be above its **200-day simple moving average (SMA 200)**. - This condition is checked at the **end of each month**. 2. Position Management: - If leverage is enabled (**2x leverage**), the purchase quantity is increased based on a configurable percentage. 3. Take Profit: - A **Take Profit** is set at a fixed percentage above the entry price. 4. Visualization & Alerts: - The **SMA 200** for both S&P 500 and TIPS is plotted on the chart. - A **BUY signal** appears visually and an alert is triggered. What This Strategy Does NOT Do- It does not use a **Stop Loss** or **Trailing Stop**. - It does not directly manage position exits except through Take Profit. Feb 16Release NotesThis is a test strategy with S&P500, open source so everyone can suggest everything, I'm open to any advice.Rules of the "2xSPYTIPS" Strategy :This trading strategy is designed to operate on the S&P 500 index and the TIPS ETF. Here’s how it works:1. Buy Conditions ("BUY"):- The S&P 500 must be above its **200-day simple moving average (SMA 200)**.- TIPS must be above its **200-day simple moving average (SMA 200)**.- This condition is checked at the **end of each month**.2. Position Management:- If leverage is enabled (**2x leverage**), the purchase quantity is increased based on a configurable percentage.3. Visualization & Alerts:- The **SMA 200** for both S&P 500 and TIPS is plotted on the chart.- A **BUY signal** appears visually and an alert is triggered.What This Strategy Does NOT Do- It does not use a **Stop Loss** or **Trailing Stop**.- It does not directly manage position exits.This strategy is not mine but from another guy who improved a strategy he found.(Still in developing)Feb 16Release NotesDebug