Bitcoin Trading Algo, 30,500% profit long + short. Beats HODLing

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Trading view have taken off the Invite Only options for scripts from free accounts and since I usually only like people I know using my scripts I have programmed my own password and Keycode system within pine script, the Keycode changes every month and is determined by a random number algorithm so you will need to know both the password and the keycode for the script to wok for you.

The objective for this strategy was to reduce the standard divination of bitcoin returns through risk management, this is done with both long and short trades. It looks to get on board when a trend is detected and adds to the position to average out all entry points. When the momentum begins to decelerate all trades are closed. 50% of these trades will usually be in profit and 50% will usually be a loss, however profits are 3x larger than losses.

To demonstrate that the deviation of retuns of the strategy is lower than hodling, I leaveraged the strategy to a similar drawdown level to hodling so that you can compare the two.

When risk adjusted, my strategy beats buy and hold returns by about 600%, although I am personally trading the strategy unleaveraged.