Larry Williams 3 Period EMAs strategy by DragoLite
By DragoLite
Performance Metrics
- Author: DragoLite
- Symbol: BINANCE:BTCUSDT
- Timeframe: 1 hour
- Net P&L: +397.43 USD (+3.97%)
- Win Rate: 69.6%
- Profit Factor: 1.452
- Max Drawdown: 76.43 USD (0.76%)
- Total Trades: 639
- Sharpe Ratio: 0.065
Description
Nov 5, 2021Larry R. Williams explains this strategy in his book "Long-Term secrets to Short-Term trading", it consists of using two 3-period EMAs, one representing the Highs and the other the Lows.When the price falls below the 3-period Lows EMA we have a long signal.The trade is closed when the price closes above the 3-period Highs EMA .BTCUSDTNov 6, 2021Release NotesLarry R. Williams explains this strategy in his book "Long-Term secrets to Short-Term trading", it consists of using two 3-period EMAs, one representing the Highs and the other the Lows.When the price falls below the 3-period Lows EMA we have a long signal.The trade is closed when the price closes above the 3-period Highs EMA .UPDATE 06/11/2021: No more Repaint.