EMA pullback strategy by Space_Jellyfish
By Space_Jellyfish
Performance Metrics
- Author: Space_Jellyfish
- Symbol: BYBIT:BTCUSDT
- Timeframe: 15 minutes
- Net P&L: +864.14 NONE (+8.63%)
- Win Rate: 37.9%
- Profit Factor: 1.121
- Max Drawdown: 1,105.63 NONE (9.99%)
- Total Trades: 58
- Sharpe Ratio: 0.486
Description
Sep 4, 2021A solid EMA pullback strategy for cryptos 15 min chart that uses EMA crossing as signal and pullback as stop loss. EMA1: shortest period for finding crossing (I find period = 33 profitable for BTCUSD, you can adjust it for other cryptos)EMA2: 5x period of EMA1, for filtering out some trend reversalsEMA3: 11x period of EMA1, for determining trend directionRules are: Long: close price > EMA3 EMA1 > EMA3 close price pullbacks below EMA1 and then crosses up EMA1, enter at the first close price above EMA1 lowest pullback close price EMA2 at the cross down Stop-loss at lowest/highest pullback price for long/shortTake profit = 2x stop-lossRisk management: risk range can be set in the inspector. If the risk is lower than the range, the trade is not taken. if the risk is higher than the range, the position size is adjusted to keep the risk within range. Sep 4, 2021Release Notescosmetic update