255 EMA Strategy by tweakerID
By tweakerID
Performance Metrics
- Author: tweakerID
- Symbol: BINANCE:BTCUSDT
- Timeframe: 5 minutes
- Net P&L: +7,621.79 NONE (+76.22%)
- Win Rate: 50.9%
- Profit Factor: 1.53
- Max Drawdown: 2,394.13 NONE (14.45%)
- Total Trades: 55
- Sharpe Ratio: 0.343
Description
Jul 13, 2021//--- From 15 Trading Examples by Trader Alyx ---// Seems like this strategy works better if we reverse the EMA filter logic.// "Description: This basic scalping strategy allows you to enter the market based upon sentiment// provided by the EMA, set at 255 periods. When price is trading below the 255 EMA, you would// look to enter a LONG BUY positions, and when price is trading above the 255 EMA, you would// look to enter a SELL SHORT position. The MACD lagging indicator will show you clear signals for// when to do this. When the MACD lines cross in a bullish manner and price is below the 255// EMA, buy. When the MACD lines cross in a bearish manner and price is above the 255 EMA,// sell.// NOTE: Make sure that price is trading away from the 255EMA before entering a LONG or SHORT// position. As you can see in the chart below, the clearest signs for trade entry were presented// when price was trading AWAY from the 255EMA"Jul 14, 2021Release NotesTweaked levelsJul 14, 2021Release NotesTweaked levelsJul 15, 2021Release NotesChanged Initial Capital amount