moonshot hypertrender (supertrend strategy) by theasgard
By theasgard
Performance Metrics
- Author: theasgard
- Symbol: BINANCE:ETHUSDT
- Timeframe: 8 hours
- Net P&L: +1,253.30 NONE (+1.25%)
- Win Rate: 29.8%
- Profit Factor: 1.653
- Max Drawdown: 496.18 NONE (0.49%)
- Total Trades: 188
- Sharpe Ratio: −0.715
Description
This is a well-known strategy by using 3 different Supertrends and a trend-defining EMA,feel free to play around with the settings, a backtest on 8h ETHUSDT pair brought some good results using the 233EMA and investing 75% of a 10k start capital.The idea is to have at least 2 Supertrends going green above the trend-EMA to go into a long position. The exitwill be triggered if 2 Supertrends change to red (idea: 1 super trend in red could initialize a take profit).Taking shorts works vice versa.The EMA shows in green for uptrends and in red for downtrends, if it is blue (ranging market) no Signal will be taken because the 3 Supertrends are not all above or below the trendline(EMA).I heard about this strategy on youtube but I can't get the promised 60% win-rate ;)any suggestions to improve it are welcomeHope you find it useful and it would be nice to get your feedback-theasgard-