A Swing Trading Indicator
This kind of strategy is a safe long term investment, usually played in high timeframes such as 4H, 1D etc. It is perfect for beginners in trading as the process is very simple: buy and sell as soon as you receive the alert. The high timeframes allows to trade manually by receiving alerts on your phone or email, but you can also automate it.
Beat Buy & Hold
The primary goal of these strategies is to increase your capital faster than someone simply holding the asset. A comparator comes built-in the strategy to help your backtest.
How to use?
Creating Alerts
The indicator is using the newest alert system:
1. Write your alert messages in the indicator settings (alert section at the bottom)
2. Click "Create Alert" as usual, but choose "alert() function calls only"
3. Give you alert a name
How does it work?
An Heikin Ashi Strategy used on real candles
The Heikin Ashi candles are very usefull. This strategy is built upon H.A. candles but is used on normal candles, because H.A. candles price are an average of real candles and we want to know the real price. I did the trick by recalculating the H.A. open, high, low and close with the original formula from the real candle's ohlc. This allows me to use the strategy tester and backtest with real results.
How to backtest
You can backtest using the Strategy Tester which will give you a quick overview of the strategy results over the given period of time.
There is also a backtest panel built in the indicator that gives more detailed information such as the daily % or the Buy & Hold comparator.
Find the best timeframe for this strategy, ie. the one that gives the higher net profit for a fixed period of time.
The trades are made with no leverage and 100% equity. You can use several strategies at once, in this case split your equity accordingly.
Best configurations
Top 8 Most profitable BTC pairs
| Parity BTC | Timeframe | Net Profit % | Max Drawdown % | Nb Trades |
|---|---|---|---|---|
| ONT | 12H | 542 | 39 | 50 |
| LINK | 2D | 382 | 30 | 13 |
| ENJ | 3D | 308 | 27 | 9 |
| TRX | 3D | 238 | 16 | 5 |
| HOT | 3D | 173 | 8 | 5 |
| ETH | 8H | 148 | 29 | 74 |
| IOST | 4D | 140 | 0 | 3 |
| ATOM | 8H | 118 | 27 | 29 |
Top 10 Most profitable USDT pairs
| Parity USDT | Timeframe | Net Profit % | Max Drawdown % | Nb Trades |
|---|---|---|---|---|
| LINK | 12H | 393 | 19 | 30 |
| BNB | 1W | 332 | 0 | 1 |
| DASH | 8H | 186 | 15 | 38 |
| BTC | 8H | 165 | 8 | 43 |
| LTC | 2D | 111 | 23 | 6 |
| ONT | 6H | 111 | 31 | 67 |
| ZEC | 8H | 91 | 28 | 35 |
| ADA | 1W | 90 | 0 | 1 |
| VET | 4D | 80 | 2 | 3 |
More backtest results can be found on my Discord channel.
Private Discord Server: https://discord.gg/RVwBkpnQzm