Ichimoku Cloud Strategy Long Only [Bitduke] by Bitduke
By Bitduke
Performance Metrics
- Author: Bitduke
- Symbol: BINANCE:SOLUSDT
- Timeframe: 1 hour
- Net P&L: +1,624.03 USD (+156.88%)
- Win Rate: 58.6%
- Profit Factor: 3.39
- Max Drawdown: 249.25 USD (8.96%)
- Total Trades: 29
- Sharpe Ratio: 1.376
Description
Slightly modificated and optimized for Pine Script 4.0, Ichimoku Cloud Strategy which, suddenly, good suitable for the several crypto assets.Details:Enter position when conversion line crosses base line up, and close it when the opposite happens. Additional condition for open / close the trade is lagging span, it should be higher than cloud to open position and below - to close it.Backtesting: Backtested on SOLUSDT ( FTX, Binance )+150% for 2021 year, 8% dd+191% for all time, 32% ddDisadvantages: - Small number of trades- Need to vary parameters for different coins (not very robust)Should be tested carefully for other coins / stock market. Different parameters could be needed or even algo modifications.Strategy doesn't repaint.