Simple profitable trading strategy by joepegler
By joepegler
Performance Metrics
- Author: joepegler
- Symbol: BITFINEX:BTCUSD
- Timeframe: 1 hour
- Net P&L: +6,243,997.00 USD (+6,244.00%)
- Win Rate: 73.0%
- Profit Factor: 1.454
- Max Drawdown: 1,063,755.61 USD (29.00%)
- Total Trades: 630
- Sharpe Ratio: 1.094
Description
This strategy has three components. Philakones EMAs are a sequence of five fibonacci EMAs. They range from 55 candles (green) to 8 candles (red) in length. A strong trend or breakout is marked by the emas appearing in sequence of their length from 8 to 55 or vice versa. These EMAs are also used to signal an exit. Only two EMAs are used for exit signals - when the 13 EMA crosses over/under the 55 EMA. RSI gives a bullish signal when 40 > rsi > 70. Exit signals are oversold (30) or overbought (70)Stochastics give a bullish signal when stoch 95. Results include 3 ticks of slippage and taker fees of .002. Provides a pretty smooth equity curve with a 73% win rate and beats buy and hold by than 10x (returns about 60x overall) since start of 2017.