ATR Mean Reversion Strategy V1 by Bcullen175
By Bcullen175
Performance Metrics
- Author: Bcullen175
- Symbol: BINANCE:BTCUSDT
- Timeframe: 5 minutes
- Net P&L: +27,101.17 USDT (+27.10%)
- Win Rate: 52.4%
- Profit Factor: 1.663
- Max Drawdown: 5,609.61 USDT (4.58%)
- Total Trades: 410
- Sharpe Ratio: 0.769
Description
**Long Only Strategy**When Price drops below the ATR band below it will enter a buy on the next candle openSL at current price minus ATR* ATR multiplierTP at Mean EMA or if higher than Mean EMA and current candle low is below previous candle low or if price is above ATRNB: I would highly recommend a low fee broker (I use ICmarkets raw spread account) due to the fact that this is a decently high frequency trading strategy you will rack up a lot of commission, if you use and exchange like Bybit or Binance the strategy will not be profitable due to the high commissions.