Hi Traders, This is my testing strategy which implemented Trading View's trailing stop loss feature. This strategy mainly focus on ETH/USDT perp contract15 minutes timeframe, backtest capital is set to 1000 USDT, 10% equity, 0.04% commission, limited backtest date from Jan 2022 to now, result as shown below. I have faith in this strategy, but still please use only a small amount of money to test, like 5-10% of your total capital. The strategy contains a couple modules, entry module, trend filter module, take profit, and stop loss module.
How to use:
Stoch RSI: 5 MA types were provided which is HMA / VWMA / WMA / EMA / SMA , HMA with Length setting of 5, 8 seems to be most efficient. VWMA and WMA with 8, 13 will generate less entry signals but with less entry risks. Price Step: This is the core feature of this strategy and it is based on Demark9 and price action. With Step 1&2 enabled, it will generate more entry signals. signals can be filtered by trend magic. if disable this option, Stoch RSI will be the only entry signal left in this strategy. Trend Magic: Trend Magic uses CCI and ATR to calculate trend status; green means uptrend, red means downtrend, pretty straight forward; the best value for this indicator would be, 21, 34, 55, 89. Only long allow when trend magic turns green and vice versa. Take Profit and Stop Loss: The default value for TP is set to 0.4%. Once the price hits 0.4%, it begins trailing; once the price drawdown 0.01%, it will close trade. The orange line indicates the ATR trailing take profit; once 'close' crosses ATR, it will exit the trade immediately. I also added a failsafe as a final stop loss, when price movement exceeds threshold (default 1%), it will exit trade no matter what.
Enjoy :)
Phát hành các Ghi chú
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ver0.2 -add halftrend for stop loss filter -increase win rate
"Price Step: This is the core feature of this strategy and it is based on Demark9 and price action"
What indicator are you referring to here?
spoiledchildomine7
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@gweidart, I mentioned this from another script, I meant the idea was from Demark9
Ahern9110
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Hello, I see some of the stops are much higher than the set, is it because of the fluctuation of the big slip point or because of the tracking stop?
spoiledchildomine7
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@Ahern9110, it is because of the fluctuation, once you apply this strategy, you should always preset a take profit target on your platform, i.e. strategy TP is set to 0.4%, so your preset should be 0.6%-1%, this will prevent loss of margin cause by pump and dump
StevenMichiels
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Hallo, how can I use with 3commas? Thanks
spoiledchildomine7
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@StevenMichiels, I don't use this platform, so I'm not sure how you can use it with 3commas, if you find out how to successfully apply this strategy on 3commas, please let me know, thanks