Pivot of Pivot Reversal Strategy [QuantNomad] by QuantNomad
By QuantNomad
Performance Metrics
- Author: QuantNomad
- Symbol: COINBASE:ETHUSD
- Timeframe: 1 hour
- Net P&L: +209,288.32 USD (+205.29%)
- Win Rate: 39.0%
- Profit Factor: 1.722
- Max Drawdown: 26,792.83 USD (8.29%)
- Total Trades: 236
- Sharpe Ratio: 0.704
Description
Dec 9, 2019Continue looking for more signifcant pivot points. This script is based on my "Significant Pivot Reversal Strategy". In this strategy I use concept of pivot of pivot points. So for PoP I require that pivot highs point should have 2 lower pivot highs points around them and pivot low 2 higher pivot lows points. Transparent lines represent usual pivot levels ints. Not transparent lines represent pivot of pivot levels. Link to original script: Oct 22, 2020Release NotesAdding condition for the correct order of SL and SH (SH > SL)Oct 23, 2020Release NotesFixed bug with entries