twisted SMA strategy [4h] by wielkieef
By wielkieef
Performance Metrics
- Author: wielkieef
- Symbol: INDEX:BTCUSD
- Timeframe: 4 hours
- Net P&L: +684,339.34 USD (+6,843.39%)
- Win Rate: 47.9%
- Profit Factor: 1.909
- Max Drawdown: 151,286.15 USD (25.69%)
- Total Trades: 213
- Sharpe Ratio: 0.385
Description
Hello I would like to introduce a very simple strategy that uses a combination of 3 simple moving averages ( SMA 4 , SMA 9 , SMA 18 ) this is a classic combination showing the most probable trend directionsCrosses were marked on the basis of the color of the candles (bulish cross - blue / bearish cross - maroon)ma 100 was used to determine the main trend, which is one of the most popular 4-hour candlesWe define main trend while price crosses SMA100 ( for bullish trend I use green candle color )The long position strategy was created in combination of 3 moving averages with Kaufman's adaptive moving average by alexgrover https://www.tradingview.com/script/Jh0YGJr0-Powered-Kaufman-Adaptive-Moving-Average/The strategy is very accurate and is easy to use indicatorsthe strategy uses only Buy (Long) signals in a combination of crossovers of the SMA 4, SMA 9, SMA 18 and the Kaufman Adaptive Moving Average.As a signal to close a long position, only the opposite signal of the intersection of 3 different moving averages is usedthe current strategy is recommended for higher time zones (4h +) due to the strength of the closing candles, which translates into signal strengthworks fascinatingly well for long-term bullish market assets (for example 4h Apple, Tesla charts)https://www.tradingview.com/x/Prpxd0wX/Enjoy and trade safe ;)