Stochastic CCI BF 🚀 — Strategy by bennef
By bennef
Performance Metrics
- Author: bennef
- Symbol: BITMEX:XBTUSD
- Timeframe: 1 day
- Net P&L: +664,292.47 USD (+6,645.75%)
- Win Rate: 40.0%
- Profit Factor: 2.539
- Max Drawdown: 136,101.60 USD (18.85%)
- Total Trades: 70
- Sharpe Ratio: 0.5
Description
Simply a Stochastic RSI and CCI mix with a Rate of Change filter to stay out of choppy sideways markets.SIGNALSFor a long signal we need both the CCI above 0 and the stochastic line to be higher than the last candle.For a short signal we need both the CCI below 0 and the stochastic line to be lower than the last candle.INSTRUCTIONSPay attention to the background color.Green = go longRed = go shortWhite = no tradeRISKWe use a simple 3% stop loss. If we get stopped out, we wait for the next signal before re-entering.Tested on XBTUSD BitMex Daily chart.