TQQQ EMA Strategy by jiaxinhuang1013
By jiaxinhuang1013
Performance Metrics
- Author: jiaxinhuang1013
- Symbol: NASDAQ:TQQQ
- Timeframe: 1 hour
- Net P&L: +10,330,333.11 USD (+1,033.03%)
- Win Rate: 34.6%
- Profit Factor: 2.246
- Max Drawdown: 2,726,975.30 USD (19.40%)
- Total Trades: 52
Description
Idea: Go long on TQQQ when a fast EMA crosses above a slower EMA, only when the market is treated as trending (ADX filter), then manage the trade with a fixed take-profit, a starting stop, and a stepped trailing stop that only moves up.EntrySignal: Fast EMA (default 20) crosses over slow EMA (default 50).Filters: strategy.equity > 0, ADX ≥ 20 (from ta.dmi(14, 14)), and no open trades (strategy.opentrades == 0), so at most one long at a time.Size: Shares = floor(equity × buying leverage / close), at least 1. Buying leverage is an input (default 1.0), so position size scales with account equity and price, not the strategy’s default “% of equity” field (the script sets qty explicitly on entry).ExitTake profit (limit): Exit limit at entry × take-profit multiplier (default 1.3 → +30% from entry).Stop: Starts at entry × stop-loss multiplier (default 0.95 → −5%).Trailing / ladder stop: As unrealized gain vs entry grows, the stop is raised and never lowered:≥ 10% profit → stop moves to breakeven (entry).≥ 20% profit → stop moves to entry × 1.1 (+10% from entry).strategy.exit ties the stop and limit to the “Long” entry (from_entry="Long").