BB21_MA200_Strategy by eemani123
By eemani123
Performance Metrics
- Author: eemani123
- Symbol: NASDAQ:AAPL
- Timeframe: 1 hour
- Net P&L: +18,206.24 USD (+182.06%)
- Win Rate: 82.8%
- Profit Factor: 8.215
- Max Drawdown: 1,504.30 USD (5.06%)
- Total Trades: 29
- Sharpe Ratio: 0.346
Description
Oct 23, 2020This strategy follows the trend and keeps you in the trend until it breaks SMA 200SMA setting is 200BB setting is 21BUY====when BB is (lower band and upper band) above SMA 200 and price crossing above BB middle line Partial Exit==========When Lower BB crossing down SMA200 , exit 30%Total Exit=========When BB middle band crosses down SMA200 , exit ALLStop Loss======default is set to 5%Risk Management================This is new parameter I have introduced in my strategies. Default value is 10% . That means , if your capital is 10000 , you are willing to risk 10% of it ... i.e 1000. It doesnot mean that you are buying shares/units for 1000 only. It is different ...see belowYour trade size is calculated based on Risk% .... capital x risk 5 / stop Loss units for further explanation you can check Alexander Elder's risk management rule. He mentioned 2% rule for 100K account. But most of us dont have 100K accounts .. . so I have defaulted 10% on 10K account. You can change this values and see the results. It wont change the number of trades or profit factor. It will increase the net profit.Warning=======For educational purposes onlyOct 23, 2020Release NotesNumber of units calculation has been fixed.earlier , it took more trades even though equity is not available. That has been fixed.