Rate of Change Strategy by sonnyparlin
By sonnyparlin
Performance Metrics
- Author: sonnyparlin
- Symbol: KRAKEN:ETHUSD
- Timeframe: 1 day
- Net P&L: +533,304.69 USD (+4,455.43%)
- Win Rate: 32.3%
- Profit Factor: 1.3
- Max Drawdown: 170,968.17 USD (61.73%)
- Total Trades: 313
- Sharpe Ratio: 0.287
Description
Sep 2, 2021This strategy calculates the rate of change over time to determine buy/sell points. This strategy is best run with 1 hour candles.Configurable values:SMA Fast (days)SMA Slow (days)SMA Reference (days)ROC Low (%)ROC High (%)Order Stake (%)Look back CandlesSep 8, 2021Release NotesQuite a few changes with this release...IMPORTANT - default settings are for ADAUSDT on BINANCE_US with 1 hour candles Use 1 hour candles with this strategyGot rid of high offset, we're just going to use trailing stoploss and take profit to exit.Added plots for everythingAdded absolute stoplossAdded take profitAdded bullish outside candle reversal as a buy signalRead the comments for detailsStill need to make some variables accessible via the settingsSep 30, 2021Release NotesLots of changes, biggest being the correct code for stops and trailing stops.Removed candle signalChanged percentage inputs to take whole numbersShow all plots with a checkboxConfigured for ETH on BinanceUS with 30 min candlesSep 30, 2021Release NotesReset some default values for ETH on BinanceUS 30m candlesOct 6, 2021Release NotesUpdated to pinescript 5, best used with day candles.