SD_Bull_Bear_Engulfing_Rsi_Sd — Strategy by SudeepBisht
By SudeepBisht
Performance Metrics
- Author: SudeepBisht
- Symbol: COINBASE:ETHUSD
- Timeframe: 30 minutes
- Net P&L: +112,179.43 USD (+112.18%)
- Win Rate: 57.5%
- Profit Factor: 1.425
- Max Drawdown: 41,494.19 USD (18.66%)
- Total Trades: 369
- Sharpe Ratio: 0.591
Description
This strategy combines the idea of a bullish or bearish candle engulfing coupled with standard deviation (a 100% increase or a 50% decrease). The exit condition is placed if the percentage increase is achieved or 35<rsi<65. The strategy requires refinement so please test the script and let know what can be incorporated to improve the efficiency.