PickingupFromBottom Strategy by eemani123
By eemani123
Performance Metrics
- Author: eemani123
- Symbol: NASDAQ:QQQ
- Timeframe: 30 minutes
- Net P&L: +126.31 USD (+1.26%)
- Win Rate: 60.0%
- Profit Factor: 4.025
- Max Drawdown: 18.15 USD (0.18%)
- Total Trades: 40
- Sharpe Ratio: −1.328
Description
PickingupFromBottom Strategy is variation of my earlier strategy HiLoBand This strategy uses lowest lows of 200 and ema of that with length 7. Lets call this ema200Lows linewait for price to close below ema200Lows lineThen using camarilla pivot points , wait for camariall centerpoint (actally ema 9 of that ) crossing up the ema200Lows line. When this condition is met background color is changed to green (visual alert)and BUY Long is takenExitWhen the price crosses below the Camarilla R4 line or Camarilla S3 line Tested with SPY and QQQ on 30 mins chart.Warning This strategy is published for educational purposes only.