Multi conditions, curve fitting strategies - indicators combined — Strategy by sleptongems
By sleptongems
Performance Metrics
- Author: sleptongems
- Symbol: NASDAQ:TSLA
- Timeframe: 12 hours
- Net P&L: +32,139.09 USD (+6,427.82%)
- Win Rate: 42.0%
- Profit Factor: 1.772
- Max Drawdown: 13,034.53 USD (43.20%)
- Total Trades: 119
- Sharpe Ratio: 0.148
Description
The goal of this script is to educate about curve fitted strategies.You can use it to combine multiple indicators with many parameters, for both entry and exit, all at once, in order to evaluate their combined effect with either AND or OR operators.Available technical indicators:- Intra Bar Strengh (IBS)- Fisher Transform- Buy the dip (after *nb* falling bars)- Timing (mondays | fridays)- Timing (Five days low etc ...)- SMA- EMA- RSI- Higher Timeframe RSI (choose a HTF)- HML- Accumulation / Distribution- Stochastic- Point of control moving average (from me)Buy orders options:- Limit order percentage from entry point- Stop order percentage from entry point- Entry price source- Nb of bars behind entry point (as price reference for order)Sell orders option:- Exit price source- Nb of bars behind exit reference pointTake profits and stop losses:- Take profit percentage- Stop loss percentage- Only take profit from exit signal if higher than entry take profitsOther parameters:- Put a limit to the number of exit signals- Always trigger exit signal after {n} bars It is *highly* encouraged to use the "skip random trades" checkbox in order to add some noise and see the outcome of the strategy if the market would have played differently for the asset.Of course the whole point of this little dashboard is to see that a performance chart depends on market conditions, performance is often more random than predictable and curve fitting doesn't create nice equity curves.This script is a provided entirely free of charge and open source. It is based on my multi-conditions matrice library.