kevinmck100

2022년 9월 10일 오전 11시 48분

Risk Management Strategy Template

ETHUSDT SPOTBybit

설명

⋅ 2022년 9월 10일 오전 11시 48분

This strategy is intended to be used as a base template for building new strategies.

It incorporates the following features:

Risk management:

Configurable X% loss per stop loss
Configurable R:R ratio

Trade entry:

Calculated position size based on risk tolerance

Trade exit:

Stop Loss currently configurable ATR multiplier but can be replaced based on strategy
Take Profit calculated from Stop Loss using R:R ratio

Backtesting:

Configurable backtesting range by date

Trade drawings:

TP/SL boxes drawn for all trades. Can be turned on and off
Trade exit information labels. Can be turned on and off
NOTE: Trade drawings will only be applicable when using overlay strategies

Debugging:

Includes section with useful debugging techniques

Strategy conditions

Trade entry:
LONG

C1: Price is above EMA line
C2: RSI is crossing out of oversold area

SHORT

C1: Price is below EMA line
C2: RSI is crossing out of overbought area

Trade exit:

Stop Loss: Stop Loss ATR multiplier is hit
Take Profit: R:R multiplier * Stop Loss is hit

The idea is to use RSI to catch pullbacks within the main trend.

Note that this strategy is intended to be a simple base strategy for building upon. It was not designed to be traded in its current form.

Relative Strength Index (RSI)Exponential Moving Average (EMA)strategy backtesting backtest template EMAS riskmanagementstrategy riskmangement riskreward

코멘트

FLASHBACK

⋅ 2023년 5월 29일 오후 5시 39분

I get a weird error, any ideas pls guys?

Cannot call 'printTradeExitLabel' with argument 'y'='call 'math.max' (series float)'. An argument of 'series float' type was used but a 'simple float' is expected.

code is unchanged

Ether2020

⋅ 2022년 9월 14일 오후 10시 46분

Super! Thank you my dear friend!

kevinmck100

⋅ 2022년 9월 15일 오전 12시 2분

@Ether2020, You're very welcome

carmen_guerrero

⋅ 2023년 11월 5일 오후 8시 46분

Absolutely amazing script. I managed to change the strategy and include mine, but there is something I did not managed to reach: how to include a partial TP. I've tried many ways to do it, but no one has properly worked. My goal was to have a 3:1 RR, and then a first TP at half way (1,5:1 RR, moving the SL at the entry point). If later, you decide to include these features, I'd be happy to try it. Thanks again for the strategy :-)

kevinmck100

⋅ 2023년 11월 6일 오후 2시 53분

@carmen_guerrero, Thanks for the comment and I'm glad to hear the strategy has been useful for you. My hope was to keep this template as simple as possible as it's intended to be a base script for people to build on top of. However, if you do need some help with the coding aspect of integrating your strategy with this script please reach out in a DM and we can discuss it

BuDana22

⋅ 2022년 10월 9일 오후 4시 46분

Ohh Nice THing, do you have a quick documentation on how to use it with our strategy?

kevinmck100

⋅ 2022년 10월 17일 오전 9시 54분

@BuDana22, Thanks. Yeah, I've tried my best to document that throughout the code itself. Anything inside the "Replaceable section" blocks are designed to be stripped out and replaced with your own indicators/conditions

Flyte-X

⋅ 2022년 10월 7일 오전 10시 46분

This is Fan-fricken-tastic!

wujishequ

⋅ 2022년 9월 23일 오후 4시 42분

Is this a redrawing of metrics?

kevinmck100

⋅ 2022년 10월 17일 오전 9시 52분

@wujishequ, No there should be no repaint. Remember this is just a template to give a starting point to build your own strategies with proper risk management. The template just uses a simple EMA and RSI strategy but the idea is to swap that out with whatever strategy conditions you'd like