Custom Band Strategy by goonerholic
By goonerholic
Performance Metrics
- Author: goonerholic
- Symbol: BITMEX:XBTUSD
- Timeframe: 1 hour
- Net P&L: +11,490.50 USD (+11.49%)
- Win Rate: 56.3%
- Profit Factor: 1.482
- Max Drawdown: 2,423.50 USD (2.37%)
- Total Trades: 183
- Sharpe Ratio: 0.623
Description
Mar 27, 20191. Trend if ema200 > ema30 Long entry only else Short entry only2. Custom Band Upper band = sma(period) + max(close, period) * multiplier Lower band = sma(period) - max(close, period) * multiplierMultiplier can be either 1.3 or 1.1 depending on the trend.(If trend is long, upper band's factor would be 1.3, lower band be 1.1)2. Long entry condition - Cross over the lower band and band width is greater than (close price)*2.2%(assume this band width as an expected ROE) - Previous candle change rate((close-open)/open*100) is less than 3%.3. Short entry condition - Cross under the upper band and band width is greater than (close price)*2.2% - Previous candle change rate is less than 3%.4. Long/Short exit condition - cross over/under the lower/upper band and roe is higher than 2%.5. Stop/Target condition - Target 10%, Stoploss 3% - Previous candle change rate is higher than 3%.Most variables can be set manually.Test period changeable. Apr 21, 2019Release Notesㅁㅁ