Risk Management Strategy Template by kevinmck100
By kevinmck100
Performance Metrics
- Author: kevinmck100
- Symbol: BYBIT:ETHUSDT
- Timeframe: 15 minutes
- Net P&L: +177.26 USDT (+17.65%)
- Win Rate: 40.6%
- Profit Factor: 1.282
- Max Drawdown: 68.38 USDT (6.39%)
- Total Trades: 101
- Sharpe Ratio: 1.155
Description
This strategy is intended to be used as a base template for building new strategies.It incorporates the following features:Risk management:Configurable X% loss per stop lossConfigurable R:R ratioTrade entry:Calculated position size based on risk toleranceTrade exit:Stop Loss currently configurable ATR multiplier but can be replaced based on strategyTake Profit calculated from Stop Loss using R:R ratioBacktesting:Configurable backtesting range by dateTrade drawings:TP/SL boxes drawn for all trades. Can be turned on and offTrade exit information labels. Can be turned on and offNOTE: Trade drawings will only be applicable when using overlay strategiesDebugging:Includes section with useful debugging techniquesStrategy conditionsTrade entry:LONGC1: Price is above EMA lineC2: RSI is crossing out of oversold areaSHORTC1: Price is below EMA lineC2: RSI is crossing out of overbought areaTrade exit:Stop Loss: Stop Loss ATR multiplier is hitTake Profit: R:R multiplier * Stop Loss is hitThe idea is to use RSI to catch pullbacks within the main trend. Note that this strategy is intended to be a simple base strategy for building upon. It was not designed to be traded in its current form.