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Strategy: NotAnotherSMAOffsetStrategyLite
Downloaded: 20220112
Stoploss: -0.1


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Average Overall
BuysAvgprofTotProfWin%DD%Time
82.50.162.45685.236.2
SharpeSortinoCalmar
2.32.3924.85
Prof.FactorExpectancyCagr
0.5900.03
Trades/DayRejected Signals
3.6453.25
Ninja Score: 63
The strategy, called "NotAnotherSMAOffsetStrategyLite," is a trading strategy that uses SMA (Simple Moving Average) offsets to determine buy and sell signals. Here's a breakdown of what the strategy does: The strategy uses the EWO (Elder's Force Index Weighted) indicator, calculated based on the exponential moving averages (EMA) of the closing prices. The EWO is used to provide additional confirmation for the buy signals.

Buy Signals: The strategy calculates the EMA for a specified number of candles, defined by the parameter base_nb_candles_buy.

It sets a buy signal when the closing price is below the EMA multiplied by a specified offset value, defined by low_offset.

The EWO value must be greater than 0, indicating positive momentum. The volume must be greater than 0, ensuring there is trading activity. Sell Signals: The strategy calculates the EMA for a specified number of candles, defined by the parameter base_nb_candles_sell. It sets a sell signal when the closing price is above the EMA multiplied by a specified offset value, defined by high_offset. The volume must be greater than 0, ensuring there is trading activity. Risk Management: The strategy implements a custom stop loss, where if the current profit of a trade is less than -0.05 and the trade has been open for more than 12 hours (720 minutes), it sets a stop loss of -0.01. Other Configuration: The strategy sets a minimal return on investment (ROI) of 0.025, indicating a target profit. It sets a stop loss level of -0.1 for trades that don't trigger the custom stop loss. The strategy uses the 5-minute timeframe for analyzing price data. It processes only new candles to optimize performance. It requires at least 200 startup candles before generating signals. The strategy plots the EMA lines on the main plot. Please note that this is a simplified explanation, and further analysis is recommended before using the strategy in live trading.

startup_candle_count : 200
Recursive Analysis found no issues while using 200 startup_candle_count
stoploss: -0.1
timeframe: 5m
hash(sha256): 29a767554975a9fa5b4ab4cd2c7dd1fd5f1b999164a2866ea8d15f9d0bfff88a
indicators:
volume low_offset close ema_length high_offset
base_nb_candles_sell ewo base_nb_candles_buy

No similar strategies found. (based on used indicators)

last change: 2024-04-01 21:06:04