A strategy using ema , supertrend and stochastic .
Long entry conditions: 1. EMA 25 > EMA 50 and EMA 100 > EMA 100. 2. Supertrend indicator is green. 3. Stochastic k line cross over d line. Long stop: the lowest price of the last k<d interval. Long take: 1.5 times of stop.
The short conditions are opposite.
This strategy performed well in 1D timeframe of lots of cryptocurrency pairs. If you want to use it on 4H timeframe, you might need to finetune the parameters. But it is not recommended to use it on smaller timeframe due to the commission.
Especially on the HTFs, if your Gross Profit is less than Buy & Hold Returns, you should consider the script a failure. Just FYI.
HarshVardhan_Rathore
⋅
@Anarchy-Foxx, is this applicable on lowertime frame as well ? Lets say i m working on a 3M straregy on BTCUSDT and the gross profit is 87.36% with Max Drawdown% 2.6 and buy & Hold return is 1.23% Is it good Numbers ?Just for your reference Numbers are below for my 3M straregy
9.06% Net Profit 37.3% Profitable 1.116 Profit Factor 2.6% Max Drawdow 87.36% Gross Profit 78.31% Groos Loss