Mayer Multiple Strategy by xtradernet
By xtradernet
Performance Metrics
- Author: xtradernet
- Symbol: BINANCE:BTCUSDT
- Timeframe: 1 day
- Net P&L: +55,361.47 NONE (+73.72%)
- Win Rate: 100.0%
- Max Drawdown: 0 NONE (0.00%)
- Total Trades: 2
- Sharpe Ratio: 0.131
Description
Created by Trace Mayer, the Mayer Multiple is calculated dividing the current price of Bitcoin by its 200-day moving average. This simple script allows to backtest strategies based on Mayer Multiple levels, which can be easily adjusted. It can be tested on any chart and any timeframe.