The SmoothScalp strategy is designed to generate many potential buy signals and make small profits on each trade. The strategy aims to have at least 60 parallel trades at any given time to cover unavoidable losses. Here are the key components of the strategy:
Minimal ROI: The strategy targets a minimal return on investment (ROI) of 0.01.
This means that each trade should aim to achieve a profit of at least 0.01 times the initial investment.
Stoploss: The optimal stop loss for the strategy is set at -0.5, which means that if a trade incurs a loss of 0.5 times the initial investment, it will be automatically closed.
Ticker Interval: The strategy operates on 1-minute candlestick data. It analyzes the price and indicators at this interval to make trading decisions. Indicators used: Exponential Moving Averages (EMA): The strategy calculates EMA values for the high, close, and low prices using a time period of 5. Stochastic Fast: The strategy computes the fast %K and %D values using the Stochastic Fast indicator with parameters (5.0, 3.0, 0.0, 3.0, 0.0). Average Directional Index (ADX): The strategy calculates the ADX value, which measures the strength of a trend. Commodity Channel Index (CCI): The strategy computes the CCI values using a time period of 20. Relative Strength Index (RSI): The strategy calculates the RSI values using a time period of 14. Money Flow Index (MFI): The strategy calculates the MFI values. Bollinger Bands: The strategy uses Bollinger Bands with a window of 20 and 2 standard deviations to plot upper, middle, and lower bands on the graph. Moving Average Convergence Divergence (MACD): The strategy computes the MACD line, signal line, and histogram values. Buy and sell conditions: Buy Trend: The strategy generates a buy signal when the following conditions are met: The opening price is below the EMA low. The ADX value is greater than 30. The MFI value is less than 30. The fast %K and %D values are both below 30 and have crossed above each other. The CCI value is less than -150. Sell Trend: The strategy generates a sell signal when either of the following conditions is met: The opening price is equal to or above the EMA high. Either the fast %K or %D value has crossed above 70. The CCI value is greater than 150. By following this strategy, the backtesting website aims to identify potential buying opportunities based on the specified conditions and generate small profits on each trade.
This means that each trade should aim to achieve a profit of at least 0.01 times the initial investment.
Stoploss: The optimal stop loss for the strategy is set at -0.5, which means that if a trade incurs a loss of 0.5 times the initial investment, it will be automatically closed.
Ticker Interval: The strategy operates on 1-minute candlestick data. It analyzes the price and indicators at this interval to make trading decisions. Indicators used: Exponential Moving Averages (EMA): The strategy calculates EMA values for the high, close, and low prices using a time period of 5. Stochastic Fast: The strategy computes the fast %K and %D values using the Stochastic Fast indicator with parameters (5.0, 3.0, 0.0, 3.0, 0.0). Average Directional Index (ADX): The strategy calculates the ADX value, which measures the strength of a trend. Commodity Channel Index (CCI): The strategy computes the CCI values using a time period of 20. Relative Strength Index (RSI): The strategy calculates the RSI values using a time period of 14. Money Flow Index (MFI): The strategy calculates the MFI values. Bollinger Bands: The strategy uses Bollinger Bands with a window of 20 and 2 standard deviations to plot upper, middle, and lower bands on the graph. Moving Average Convergence Divergence (MACD): The strategy computes the MACD line, signal line, and histogram values. Buy and sell conditions: Buy Trend: The strategy generates a buy signal when the following conditions are met: The opening price is below the EMA low. The ADX value is greater than 30. The MFI value is less than 30. The fast %K and %D values are both below 30 and have crossed above each other. The CCI value is less than -150. Sell Trend: The strategy generates a sell signal when either of the following conditions is met: The opening price is equal to or above the EMA high. Either the fast %K or %D value has crossed above 70. The CCI value is greater than 150. By following this strategy, the backtesting website aims to identify potential buying opportunities based on the specified conditions and generate small profits on each trade.
stoploss: -0.5 timeframe: 1m hash(sha256): ecf5a052f833238a926eacb684d4db777ff7733832feb77cb8be05e69ba0e5d0 indicators: upper ema_close close mfi bb_lowerband macdhist fastk open fastd macdsignal mid ema_high cci macd ema_low adx lower bb_middleband rsi bb_upperband
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last change: 2024-04-28 04:48:09