Momentum Line Strategy by eykpunter
By eykpunter
Performance Metrics
- Author: eykpunter
- Symbol: NASDAQ:GOOG
- Timeframe: 1 day
- Net P&L: +147.10 USD (+0.15%)
- Win Rate: 42.0%
- Profit Factor: 1.086
- Max Drawdown: 674.87 USD (0.67%)
- Total Trades: 162
- Sharpe Ratio: −1.564
Description
I got the idea of an algorithm using a gap, which would behave a bit like RSI, therefore I called it momentum. Don't know if it's very useful or how to improve it, it can keeps you in trends, however it suffers from whipsawing. My first attempt in programming a strategy.