dP magnet — Strategy by 03.freeman
By 03.freeman
Performance Metrics
- Author: 03.freeman
- Symbol: BITFINEX:BTCUSD
- Timeframe: 15 minutes
- Net P&L: +107,927.91 USD (+107.92%)
- Win Rate: 93.5%
- Profit Factor: 2.943
- Max Drawdown: 11,287.70 USD (8.65%)
- Total Trades: 636
- Sharpe Ratio: 0.553
Description
//Strategy based on the idea that stop loss and take profit are often placed at full price levels or round numbers, whcih acts as resistance and supports levels//Buy Rules://Actual price (close) is above round number.//Round number level was not touched in previous ten bars (arbitrary value).//Place a buy and follow the order with a trail step because price can bounce at round number (support) or can go through it.//Sell Rules are the same of buy rules but inverted.////Need improvement on conditions' logic and round numbers definitions