bennef

Momentum BF ๐Ÿš€

2047 ๋ทฐ
255
The momentum strategy is simple, if price action is higher than it was for x bars back, and also higher than it was last candle, we have upwards momentum. This momentum will be positive until a candle closes lower than the previous candle and also lower than x bars back - at which point we have downwards momentum.

The concept behind the Momentum Strategy is that when the momentum crosses from negative to positive, we go long and when it crosses from positive to negative we go short. We stay in that position until momentum crosses back the opposite direction.

INSTRUCTIONS:
  • Go long at the green background on the chart
  • Go short at the red background on the chart
  • The yellow lines are where your stop loss should be for longs
  • The orange lines are where your stop loss should be for shorts

I have included the options in Settings to change the stop loss type between ATR derived and Fixed percentage based. The default stop loss is a fixed 7%.
You can also select if you want only longs, only shorts or both.

The backtest was done with BTCUSD on Coinbase 1D.
์ฆ๊ฒจ์ฐพ๊ธฐ ์Šคํฌ๋ฆฝํŠธ์—์„œ ๋นผ๊ธฐ ์ฆ๊ฒจ์ฐพ๊ธฐ ์Šคํฌ๋ฆฝํŠธ์— ๋„ฃ๊ธฐ

์ฝ”๋ฉ˜ํŠธ

Nice work! Thanks
์‘๋‹ต
thanks
์‘๋‹ต
When you say "when the momentum crosses from negative to positive, we go long and when it crosses from positive to negative we go short" how can we know when it crosses? Thanks
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bennef SkulHD
@SkulHD, When the background is green, that is a long signal. When the background is red, that is a short signal.
์‘๋‹ต
SkulHD bennef
@bennef, much thanks
์‘๋‹ต
IT IS IMPORTANT TO NOTE - ENTER THE POSITION AT THE PRICE OF CLOSING THE SIGNAL CANDLE.
์‘๋‹ต
Too easy, nothing to play with The profit / risk ratio is too high, But the strategy is good.
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bennef KirillNET
@KirillNET, Simplicity > complexity :)
+1 ์‘๋‹ต
GOOOD
์‘๋‹ต
Good work sir :)
์‘๋‹ต
ํ™ˆ์œผ๋กœ ์Šคํƒ ์Šคํฌ๋ฆฌ๋„ˆ ํฌ๋ ‰์Šค ์Šคํฌ๋ฆฌ๋„ˆ ํฌ๋ฆฝํ†  ์Šคํฌ๋ฆฌ๋„ˆ ์ด์ฝ”๋…ธ๋ฏน ์บ˜๋ฆฐ๋” ์‚ฌ์šฉ์•ˆ๋‚ด ์ฐจํŠธ ํŠน์ง• ํ”„๋ผ์ด์‹ฑ ํ”„๋ Œ๋“œ ๋ฆฌํผํ•˜๊ธฐ ํ•˜์šฐ์Šค๋ฃฐ(๋‚ด๋ถ€๊ทœ์ •) ํ—ฌํ”„ ์„ผํ„ฐ ์›น์‚ฌ์ดํŠธ & ๋ธŒ๋กœ์ปค ์†”๋ฃจ์…˜ ์œ„์ ฏ ์ฐจํŒ… ์†”๋ฃจ์…˜ ๋ผ์ดํŠธ์›จ์ดํŠธ ์ฐจํŒ… ๋ผ์ด๋ธŒ๋Ÿฌ๋ฆฌ ๋ธ”๋กœ๊ทธ & ๋‰ด์Šค ํŠธ์œ„ํ„ฐ
ํ”„๋กœํ™”์ผ ํ”„๋กœํ™”์ผ์„ค์ • ๊ณ„์ • ๋ฐ ๋นŒ๋ง ๋ฆฌํผ๋“œ ํ”„๋ Œ์ฆˆ ์ฝ”์ธ ๋‚˜์˜ ์„œํฌํŠธ ํ‹ฐ์ผ“ ํ—ฌํ”„ ์„ผํ„ฐ ๊ณต๊ฐœ์•„์ด๋””์–ด ํŒ”๋กœ์–ด ํŒ”๋กœ์ž‰ ๋น„๋ฐ€๋ฉ”์‹œ์ง€ ์ฑ„ํŒ… ๋กœ๊ทธ์•„์›ƒ