TKP McClellan Summation Index Stochastics Strategy by RolandoSantos
By RolandoSantos
Performance Metrics
- Author: RolandoSantos
- Symbol: NASDAQ:TQQQ
- Timeframe: 1 day
- Net P&L: +34,813.50 USD (+337.85%)
- Win Rate: 58.2%
- Profit Factor: 2.559
- Max Drawdown: 5,461.03 USD (29.96%)
- Total Trades: 67
- Sharpe Ratio: 0.156
Description
Oct 8, 2020This strategy uses NYSE McClellan summation Index as an input for Stochastics to produce Buy/Sell signals. Buy signal is produced when Stochastics K Line Closes over 50, and Sell signal when closes under 50. Info on McClellan Summation Index: investopedia.com/terms/m/mcclellansummation.aspInfo on Stochastics: investopedia.com/articles/technical/073001.aspSimple yet effective strategy, let me know if you have any questions! Oct 13, 2020Release NotesI've added two things in this update. 1. Time stamp so you can now back-test from a different start date... for example, since 2019, the strategy is 90% profitable on $TQQQ. 2. I added the ability to change the threshold on Buy/Sell crossover level.