Crypto Long only Strategy 3h+ timeframe by SoftKill21
By SoftKill21
Performance Metrics
- Author: SoftKill21
- Symbol: COINBASE:BTCEUR
- Timeframe: 3 hours
- Net P&L: +115,922.72 EUR (+11,304.74%)
- Win Rate: 47.0%
- Profit Factor: 2.239
- Max Drawdown: 12,864.10 EUR (39.93%)
- Total Trades: 253
- Sharpe Ratio: 0.469
Description
Today I bring another crypto strategy that works greatly with pairs like BTCEUR, ETHEUR, for 3h+ time frames.Its a risky strategy because we have a hard stop loss of 25% of our capital which can be modified.The idea behind its simple, we have a candle which is made from open+high+low+close / 4 , and we make the decision based on this one.We only go long with this strategy .For entry: if we have 5 ascending candles we enter, and we exit when we have 4 descending candles.For this example, I used 100% of the initial capital(1000 EUR/USD), with a commission of 0.1% per each deal.At the same time, the max capital that can be lost in a trade is going to be the equity risk, in this example 25% .Overall we can see that's more or less around the same level as buy and hold strategy