Best Supertrend CCI Strategy by Daveatt
By Daveatt
Performance Metrics
- Author: Daveatt
- Symbol: BINANCE:BNBUSDT
- Timeframe: 4 hours
- Net P&L: +21,829.07 USD (+175.72%)
- Win Rate: 22.1%
- Profit Factor: 1.407
- Max Drawdown: 9,350.09 USD (33.27%)
- Total Trades: 678
- Sharpe Ratio: 0.168
Description
Feb 14, 2020Hello tradersSomeone requested the strategy version of the Supertrend CCI indicatorIt's a Supertrend not based on candle close but based on a CCI ( Commodity Channel Index )How does it work?Bull event: CCI crossing over the 0 lineBear event: CCI crossing below the 0 lineWhen the event is triggered, the script will plot the Supertrend as followUP Trend = High + ATR * FactorDOWN Trend = Low - ATR * FactorThis is an alternative of the classical Supertrend based on candle close being above/beyond the previous Supertrend level.Hope you'll enjoy it and it will improve your trading making you a better traderDaveApr 7, 2021Release NotesAdded the alerts