SIDD-Vortex — Strategy by siddmuk2005
By siddmuk2005
Performance Metrics
- Author: siddmuk2005
- Symbol: NSE:BANKNIFTY
- Timeframe: 15 minutes
- Net P&L: +24,822.05 NONE (+24.64%)
- Win Rate: 37.7%
- Profit Factor: 1.385
- Max Drawdown: 7,983.80 NONE (6.85%)
- Total Trades: 589
- Sharpe Ratio: 0.363
Description
Jul 12, 2020Sidd-Vortex strategy is using Vortex formula to generate 4 signals Bullish1 Bullish2 and Bearish1 Bearish2.Bullish1 signal is getting generated when smooth ma of VIP is crossing over smooth ma of VIM and smooth VIM is falling from previous bar smooth VIMBullish2 signal is getting generated when smooth ma of VIP is crossing over smooth ma of VIM and smooth VIP is rising from previous bar smooth VIPBearish1 signal is getting generated when smooth ma of VIM is crossing over smooth ma of VIP and smooth VIP is falling from previous bar smooth VIPBearish2 signal is getting generated when smooth ma of VIM is crossing over smooth ma of VIP and smooth VIM is rising from previous bar smooth VIMThis strategy can be converted into study by un-commenting the plotshape and replace 15th line strategy with study and parameter overlay=falseand remove the if blocks.I have seen trending market this strategy is working find but in choppy and consolidation zone strategy doesnt work and results are as expected.This strategy can be used for stocks, commodity, Forex. I have added commission and slippage with back test result.Enjoy code is open. Aug 3, 2020Release NotesChanged the overlay to get the plot of vortex on chart and enabled band to see the strength of buyers and sellers.Aug 3, 2020Release NotesSignal ON OFF facility added in the indicator