ATR and T3 strategy by CryptoJoncis
By CryptoJoncis
Performance Metrics
- Author: CryptoJoncis
- Symbol: BITMEX:XBTUSD
- Timeframe: 12 hours
- Net P&L: +13,799.20 USD (+13.80%)
- Win Rate: 100.0%
- Max Drawdown: 0 USD (0.00%)
- Total Trades: 7
- Sharpe Ratio: 0.322
Description
T3 Moving Average indicator was originally developed by Tim Tillson in 1998/99. T3 Moving Average is considered as improved and better to traditional moving averages as it is smoother and performs better in trending market conditions. It offers multiple opportunities when the price is in the state of retracement and therefore allows to minimize your exposed risk and allowing your profits run. This strategy is for trend followers who are patient enough to have 6-10 trades per year.What's included in strategy?Two ATR (Code was taken from J.Dow and modified)Tillson Moving averageEnter long signal:When both ATR (Long and Short) are in uptrend and the bar closes above Upper Tillson's moving average band: Enter LongExit Long signal:When hl2 is lower than Lower Tillson Moving Average bandEnter short signal:When both ATR (Long and Short) are in downtrend and the bar closes below Lower Tillson's moving average band: Enter ShortExit Shortsignal:When hl2 is higher than Upper Tillson's Moving Average bandBest to use with Bitcoin on 12H TFCan be used for different time frames as well but the settings must be adjusted accordinglyRemember, overtrading can be harmful to your trading account. If this is helpful for you, consider a tip BTC: 3FiBnveHo3YW6DSiPEmoCFCyCnsrWS3JBR ETH: 0xac290B4A721f5ef75b0971F1102e01E1942A4578Created by CryptoJoncis