Alpha strategy - simple version by Niklaus
By Niklaus
Performance Metrics
- Author: Niklaus
- Symbol: NASDAQ:AAPL
- Timeframe: 1 day
- Net P&L: +91.91 USD (0.00%)
- Win Rate: 63.6%
- Profit Factor: 60.297
- Max Drawdown: 42.54 USD
- Total Trades: 11
Description
This Strategy goes long when Sharpe Ratio is > 1 and Alpha against the S&P500 is generated. It exits when conditions break away. en.wikipedia.org/wiki/Alpha_(finance). Use on daily or 5min.