This strategy works well with crypto trading on the day/week charts.
It has a profit ratio of 4:1 on average, and roughly half of the trades are profitable.
It works by polling the value of CRUPTOCAP:TOTAL, and checking if it's above its 50 ema, and if the ema is trending upwards. If these conditions are not met, the entry signal is ignored.
Với tinh thần của TradingView, tác giả đã xuất bản tập lệnh theo mã nguồn mở, vì thế trader có thể dễ dàng hiểu và tùy chỉnh được. Bạn có thể sử dụng miễn phí, hoặc tùy chỉnh lại mã đã được cấp phép bởi Quy tắc Chung. Bạn có thể sử dụng nó trên biểu đồ.
I have a (dumb) question related to strategy parameters... I've been writing a few of my own scripts which seem profitable in backtesting and I've set the initial balance / order size to match my account. Is the reason you set your parameters at 100,000 / 100 done as an example with the expectation people will amend to their own sizing? I ask because the results can swing wildly depending on the parameters used. Thanks!
I think the value that affects the strategy the most is the percentage of equity for each trade. That will change the overall percentage of growth for the strategy. Changing the initial amount of 100k doesn't change the percentage performance, which is, IMO, what makes or breaks a strategy.
Happy to hear if you've noticed other scripts using different "standard" parameters, and that way I can adjust mine to those values as well. Or maybe I should just remove those parameters and let TradingView to set the default? What I've found with TV's defaults is that they are quite underwhelming... I think it only stakes 1 "unit" per trade... which could be a lot (for BTC for example) or close to nothing (like for DOGE)
It's here >
Also, I would recommend including commissions in your strategy, specially on the shorter timeframes where the gains are very small percentages. I've found that even a 0.1% commission per movement can break a scalping strategy. Of course, that is only if you are paying commissions on your trades, if not, then you must tell me how you are doing it! :D
Thanks for suggesting the inclusion of commission - annoyed I missed that in the first place. Especially as I'm bot trading futures! I've added it based on my personal Binance fee structure and the strat is still 80%+ net profit on the 5M chart which is good.