BitCoin Simple Buyer — Strategy by Altman
By Altman
Performance Metrics
- Author: Altman
- Symbol: BTCE:BTCUSD
- Timeframe: 1 day
- Net P&L: +1,741.26 USD (+1.74%)
- Win Rate: 44.2%
- Profit Factor: 1.902
- Max Drawdown: 520.42 USD (0.51%)
- Total Trades: 165
- Sharpe Ratio: −1.894
Description
Many people asking me: How to find the right time to exit BitCoin long position? First, that comes to mind is Do Not use simple Buy-and-Hold strategy, but make short-term trades. Here is the simple algorithm for D1 or 4H timeframes.