DASHETH - High Volume ALT coin strategy
Updated
# FIRST PINE ALGO -- still a n00by
Simple 15min strategy which works well with so far BTCETH, BTCLTC, DASHETH.(12-22% return over ~3 months = ~4% a month return on investment, 0.9% max drawdown, total of 44 trades = ~ 1 trade every 2 days)
Does not work well with FX, Commods, USDBTC, XMRBTC
Uses:
1. Nested bollingers (multiple lengths)
2. MACD
3. Fibo retracement
4. RSI
IF:
#1 (i.e. all bollingers are crossed) and;
#2 (i.e. macd crosses) and;
#3 (i.e. high/low fib lines are crossed) and;
#4 (i.e. RSI bands are crossed)
THEN: BUY/SELL
https://www.tradingview.com/x/oSaBjSfo/
Simple 15min strategy which works well with so far BTCETH, BTCLTC, DASHETH.(12-22% return over ~3 months = ~4% a month return on investment, 0.9% max drawdown, total of 44 trades = ~ 1 trade every 2 days)
Does not work well with FX, Commods, USDBTC, XMRBTC
Uses:
1. Nested bollingers (multiple lengths)
2. MACD
3. Fibo retracement
4. RSI
IF:
#1 (i.e. all bollingers are crossed) and;
#2 (i.e. macd crosses) and;
#3 (i.e. high/low fib lines are crossed) and;
#4 (i.e. RSI bands are crossed)
THEN: BUY/SELL
https://www.tradingview.com/x/oSaBjSfo/
Note
The following is applied to the back testing:0.25% commission
5000 ticks slippage
Recalculate after every tick
Recalculate after order filled.
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