High/Low Channel Multi averages Crypto Swing strategy by exlux
By exlux
Performance Metrics
- Author: exlux
- Symbol: BINANCE:ETHUSDT
- Timeframe: 8 hours
- Net P&L: +355.26 NONE (+35,269.34%)
- Win Rate: 54.0%
- Profit Factor: 1.253
- Max Drawdown: 70.43 NONE (35.27%)
- Total Trades: 982
- Sharpe Ratio: 0.619
Description
This is a swing strategy designed for trending markets such as crypto and stock, with big timeframes , like 8h.For this strategy we take SMA, EMA, VWMA, ALMA, SMMA, LSMA and VWMA and make an apply them all to both HIGH and LOW separately and make 2 averages, 1 applied to high and the other applied to low.With them we make a channel.Rules for entryFor long: close of a candle is above avg applied to high.For short: close of a candle is below avg applied to low.Rules for exitWe exit when we either hit TP or SL or when we receive a different condition than the entry one.(long- > short and viceversa)If you have any questions, let me know !