Buy The Dips - MA200 Optimised — Strategy by Coinrule
By Coinrule
Performance Metrics
- Author: Coinrule
- Symbol: COINBASE:LTCUSD
- Timeframe: 4 hours
- Net P&L: +16.45 USD (+0.02%)
- Win Rate: 77.8%
- Profit Factor: 6.015
- Max Drawdown: 2.92 USD (0.00%)
- Total Trades: 18
- Sharpe Ratio: −40.803
Description
The strategy combines a contrarian approach (buying the dips) with a trend-following logic (only when the price is above the MA200)The strategy seeks to find the best times when buying the dips on the asset should result to be more profitable.The price above a long-term moving average indicates momentum that increases the possibility of profiting from buying the asset on short-term weakness.