Long Only - Double EMA + Session — Strategy by suddenSeahorse88500
By suddenSeahorse88500
Performance Metrics
- Author: suddenSeahorse88500
- Symbol: NASDAQ:MSFT
- Timeframe: 65 minutes
- Net P&L: +18,683.96 USD (+186.84%)
- Win Rate: 71.3%
- Profit Factor: 1.722
- Max Drawdown: 2,883.19 USD (19.51%)
- Total Trades: 216
Description
OverviewThis is a high-probability Long-Only trend-following strategy designed primarily for the 65-minute and 4-hour timeframes. It utilizes a dual-layered filter system to align trades with both macro and mid-term market momentum, ensuring entries only occur during healthy uptrends. The strategy is optimized for volatile, high-growth assets like TSLA and MSFT.How It WorksThe strategy relies on three primary pillars of technical analysis to confirm an "A+" setup:Macro Trend Filter (200 EMA): We only look for long opportunities when the price is above the 200-period Exponential Moving Average. This keeps the strategy on the right side of the long-term trend and avoids "buying the dip" during major bear markets.Momentum Filter (50 EMA): The 50 EMA acts as a local trend filter. By requiring price to be above both EMAs, we ensure the medium-term momentum is also bullish.The Trigger (Stochastic RSI): We enter when the Stochastic RSI K-line crosses above the 20 level (Oversold). This identifies local "oversold" pullbacks within a larger uptrend.Risk Management & Exit PlanThis strategy is built with professional-grade capital preservation in mind:Trailing Stop-Loss: A 5% trailing stop follows the price as it moves in our favor. This protects unrealized profits and helps mitigate the drawdown during sudden reversals.Dynamic Profit Target: The strategy exits automatically if the Stochastic RSI K-line reaches the 97 level, capturing gains at the peak of momentum.Session Filter: To avoid the "noise" of pre-market and low-volume afternoon trading, the strategy is restricted to the Market Open (9:30 AM EST) window where institutional volume is highest.Backtesting NotesRealistic Simulation: This strategy includes a 0.05% commission and 2 ticks of slippage to reflect real-world execution costs.Recommended Assets: Optimized for Nasdaq-100 components and high-volume growth stocks.Timeframe: Best performance found on 65m or 4h intervals.