GM+ — Strategy by jaissahil03
By jaissahil03
Performance Metrics
- Author: jaissahil03
- Symbol: BINANCE:BTCUSDT
- Timeframe: 5 minutes
- Net P&L: −293.20 USDT (−0.29%)
- Win Rate: 59.2%
- Profit Factor: 0.937
- Max Drawdown: 1,498.29 USDT (1.50%)
- Total Trades: 147
- Sharpe Ratio: −0.072
Description
For a Short Trade:When a bullish candle (close > open) is larger than the previous candle and the MACD histogram for the past three bars is consecutively lower (suggesting weakening upward momentum), the script enters a short position.For a Long Trade:When a bearish candle (close < open) is larger (in body size) than the previous candle and the MACD histogram for the past three bars is consecutively higher (suggesting the downward move is losing strength), the script enters a long position.Position Management:There are no stop loss or take profit levels. The position is closed only when an opposite signal appears.