Bitpanda Coinrule Template — Strategy by joshuajcoop01
By joshuajcoop01
Performance Metrics
- Author: joshuajcoop01
- Symbol: BITPANDAPRO:ETHEUR
- Timeframe: 4 hours
- Net P&L: +577.70 EUR (+57.07%)
- Win Rate: 50.0%
- Profit Factor: 3.065
- Max Drawdown: 132.89 EUR (9.21%)
- Total Trades: 24
- Sharpe Ratio: 0.279
Description
This strategy for Bitpanda on the Coinrule platform utilises 3 different conditions that have to be met to buy and 1 condition to sell. This strategy works best on the ETH/EUR pair on the 4 hour timescale.In order for the strategy to enter the trade it must meet all of the conditions listed below.ENTRYRSI increases by 5RSI is lower than 70MA9 crosses above MA50EXITMA50 crosses above MA9This strategy works well on LINK/EUR on the 1 day timeframe, MIOTA/EUR on the 2 hour timeframe, BTC/EUR on the 4 hour timeframe and BEST/EUR on the 1 day timeframe (and 4h).Back tested from 1 January 2020.The strategy assumes each order is using 30% of the available coins to make the results more realistic and to simulate you only ran this strategy on 30% of your holdings. A trading fee of 0.1% is also taken into account and is aligned to the base fee applied on Binance.