Powerfull strategy MACD + RSI + Stoch buy on High exit on ATR by x001tk
By x001tk
Performance Metrics
- Author: x001tk
- Symbol: BINANCE:BTCUSDT
- Timeframe: 1 day
- Net P&L: +15,597.92 NONE (+15.60%)
- Win Rate: 51.7%
- Profit Factor: 4.629
- Max Drawdown: 1,194.23 NONE (1.07%)
- Total Trades: 29
- Sharpe Ratio: 0.256
Description
Jan 24, 2019My strategy uses a combination of three indicators MACD Stochastic RSI . The Idea is to buy when ( MACD > Signal and RSI > 50 and Stochastic > 50) occures at the same time the BUY STop we place on previous day HIGHWe exit on Take profit or Stop loss which is calculated by ATR (10) or on the opposite signal "Volatility breakout" This strategy works well on stocks, commodities and cryptos especially during market breaking up after consolidation The best results are on Daily charts , so its NOT a scalping strategy. But it can work also on 1H charts. The strategy does not have any stops and profit targets, so we can take all the market can give us at the moment. The exit point only when MACD goes under Signal Its Preformance is significantly better with "buy stop on High.1" idea and exit on "volatility price breakout" So, use it, trade it. If it will help you to imprive your trading results, please donate me BTC: 12kd1F8buWisUBdq27BBwRkUvzW7Ey3og5Oct 29, 2019Release NotesI have improved my old Powerful strategyAdded more filters for Long and Short tradesOptimized some inputs and variablesAs a result - much better trading performance Fell free to use all my scriptsGood luck and good trading!