The TapolV1 strategy is a trading strategy designed for backtesting on a 5-minute timeframe. Here's a breakdown of what the strategy does:
Indicators:
MACD (Moving Average Convergence Divergence): Calculates the MACD line, signal line, and histogram. The strategy uses the values of these indicators.
Bollinger Bands: Calculates the lower, middle, and upper bands of the Bollinger Bands indicator based on the typical price of the asset.
EMA (Exponential Moving Average): Calculates the 7-period Exponential Moving Average.
Buy Condition: The strategy generates a buy signal when the following conditions are met: EMA7 (7-period Exponential Moving Average) is above the middle band of Bollinger Bands. MACD line is above the MACD signal line. The closing price of the current candle or the previous two candles is above EMA7. Sell Condition: The strategy generates a sell signal when one of the following conditions is met: EMA7 is below the middle band of Bollinger Bands, and MACD line is below the MACD signal line, and the closing price of the current or previous candle is below EMA7. EMA7 is above the middle band of Bollinger Bands, and MACD line is above the MACD signal line, and the closing price of the current or previous candle is above the upper band of Bollinger Bands. Risk Management: Stop Loss: The strategy uses a fixed stop loss of -10% (0.10) to limit potential losses. Trailing Stop: The strategy implements a trailing stop feature. The trailing stop is activated when the price reaches a profit of 7.7% (0.077). The stop loss is then adjusted by 17.5% (0.175) below the highest profit point reached. The trailing stop is only triggered if the stop loss offset is reached. Note: This is a brief summary of the strategy, and there may be additional details or considerations not covered here. It's important to thoroughly test and analyze the strategy before using it in live trading.
Bollinger Bands: Calculates the lower, middle, and upper bands of the Bollinger Bands indicator based on the typical price of the asset.
EMA (Exponential Moving Average): Calculates the 7-period Exponential Moving Average.
Buy Condition: The strategy generates a buy signal when the following conditions are met: EMA7 (7-period Exponential Moving Average) is above the middle band of Bollinger Bands. MACD line is above the MACD signal line. The closing price of the current candle or the previous two candles is above EMA7. Sell Condition: The strategy generates a sell signal when one of the following conditions is met: EMA7 is below the middle band of Bollinger Bands, and MACD line is below the MACD signal line, and the closing price of the current or previous candle is below EMA7. EMA7 is above the middle band of Bollinger Bands, and MACD line is above the MACD signal line, and the closing price of the current or previous candle is above the upper band of Bollinger Bands. Risk Management: Stop Loss: The strategy uses a fixed stop loss of -10% (0.10) to limit potential losses. Trailing Stop: The strategy implements a trailing stop feature. The trailing stop is activated when the price reaches a profit of 7.7% (0.077). The stop loss is then adjusted by 17.5% (0.175) below the highest profit point reached. The trailing stop is only triggered if the stop loss offset is reached. Note: This is a brief summary of the strategy, and there may be additional details or considerations not covered here. It's important to thoroughly test and analyze the strategy before using it in live trading.
stoploss: -0.1 timeframe: 5m hash(sha256): 0e84779901a2e1ef507cec8676e3cb337cd8257fedf5d1bb971dfb814906058b indicators: macdsignal upper mid lower bb_middleband close macd bb_lowerband bb_upperband macdhist ema7
No similar strategies found. (based on used indicators)
last change: 2024-04-28 22:59:35