Long-Term Strategy: 1-Year Breakout + 6-Month Exit by MrOskama
By MrOskama
Performance Metrics
- Author: MrOskama
- Symbol: NASDAQ:TLRY
- Timeframe: 1 day
- Net P&L: −850.29 USD (−8.69%)
- Win Rate: 0.0%
- Profit Factor: 0
- Max Drawdown: 927.39 USD (9.27%)
- Total Trades: 1
Description
Descripción (Description): (Copia y pega todo lo que está dentro del recuadro de abajo)DescriptionThis is a long-term trend-following strategy designed to capture major market moves while filtering out short-term noise. It is based on the classic principle of "buying strength" (Breakouts) and allowing profits to run, while cutting losses when the medium-term trend reverses.How it Works (Logic)1. Entry Condition (Long Only): The strategy looks for a significant display of strength. It enters a Long position only when two conditions are met simultaneously:Price Breakout: The closing price exceeds the highest high of the last 252 trading days (approximately 1 year). This ensures we are entering during a strong momentum phase.Trend Filter: The SuperTrend indicator (Settings: ATR 10, Factor 3.0) must be bullish. This acts as a confirmation filter to avoid false breakouts in choppy markets.2. Exit Condition: The strategy uses a trailing stop based on price action, not a fixed percentage.It closes the position when the price closes below the lowest low of the last 126 trading days (approximately 6 months).This wide exit allows the trade to "breathe" during normal market corrections without exiting the position prematurely.Settings & Risk ManagementCapital Usage: The script is configured to use 10% of equity per trade to reflect realistic risk management (compounding).Commissions: Included at 0.1% to simulate real trading costs.Slippage: Included (3 ticks) to account for market execution variability.Best Use: This strategy is intended for higher timeframes (Daily or Weekly) on trending assets like Indices, Crypto, or Commodities.