Trend Analysis Index Backtest — Strategy by HPotter
By HPotter
Performance Metrics
- Author: HPotter
- Symbol: CME_MINI:ES1!
- Timeframe: 1 hour
- Net P&L: +15,412.50 USD (+15.44%)
- Win Rate: 52.7%
- Profit Factor: 1.232
- Max Drawdown: 15,812.50 USD (13.98%)
- Total Trades: 186
- Sharpe Ratio: 0.183
Description
In essence, it is simply the standard deviation of the last x bars of a y-bar moving average. Thus, the TAI is a simple trend indicator when prices trend with authority, the slope of the moving average increases, and when prices meander in a trendless range, the slope of the moving average decreases. You can change long to short in the Input Settings WARNING: - For purpose educate only - This script to change bars colors.