Since 1-May showing non-stop BEAR signals until 2-Aug when this model showed the first BULL signal.
Strategy backtest:
10 closed trades over 3 months
PNL = +1.4%
Max Drawdown = 0.25%
very sustainable strategy.
Legend:
4 Upper and Lower Bollinger bands
3 Fibonacci ratio lines
Green box showing: Long --> bollinger bands , macd , fibonacci crossed and RSI not-crossed
Blue box showing: Long --> bollinger , RSI crossed and macd or fibo not-crossed
Red box showing: Short --> bollinger bands , macdm fibonacci crossed and RSI not-crossed
Orange box showing: Short --> bollinger bands , RSI crossed and macd or fibo not-crossed
Blue arrow: BUY POSITION OPENED / OPEN SELL POSITION CLOSED
Red arrow: SELL POSITION OPENED / OPEN BUY POSITION CLOSED
Following is an example showing an optimal trade by the strategy in this back-test:
Strategy:
Refer to related ideas below for detail into strategy, which works well with only high volume/volatile coins.
Summary: All indicators must cross to give a strong buy/sell signal
i.e. fibonacci lines, bollinger bands , macd , rsi must be crossed simultaneously.
:'######::'########:'##:::::::'########::'##::::'##::::'###:::::'#######::'##:::::'##::::'###::::'########::'########:
'##... ##: ##.....:: ##::::::: ##.... ##: ##:::: ##:::'## ##:::'##.... ##: ##:'##: ##:::'## ##::: ##.... ##: ##.....::
##:::..:: ##::::::: ##::::::: ##:::: ##: ##:::: ##::'##:. ##:: ##'### ##: ##: ##: ##::'##:. ##:: ##:::: ##: ##:::::::
. ######:: ######::: ##::::::: ########:: #########:'##:::. ##: ## ### ##: ##: ##: ##:'##:::. ##: ########:: ######:::
:..... ##: ##...:::: ##::::::: ##.....::: ##.... ##: #########: ## #####:: ##: ##: ##: #########: ##.. ##::: ##...::::
'##::: ##: ##::::::: ##::::::: ##:::::::: ##:::: ##: ##.... ##: ##.....::: ##: ##: ##: ##.... ##: ##::. ##:: ##:::::::
. ######:: ########: ########: ##:::::::: ##:::: ##: ##:::: ##:. #######::. ###. ###:: ##:::: ##: ##:::. ##: ########:
:......:::........::........::..:::::::::..:::::..::..:::::..:::.......::::...::...:::..:::::..::..:::::..::........::
Strategy backtest:
10 closed trades over 3 months
PNL = +1.4%
Max Drawdown = 0.25%
very sustainable strategy.
Legend:
4 Upper and Lower Bollinger bands
3 Fibonacci ratio lines
Green box showing: Long --> bollinger bands , macd , fibonacci crossed and RSI not-crossed
Blue box showing: Long --> bollinger , RSI crossed and macd or fibo not-crossed
Red box showing: Short --> bollinger bands , macdm fibonacci crossed and RSI not-crossed
Orange box showing: Short --> bollinger bands , RSI crossed and macd or fibo not-crossed
Blue arrow: BUY POSITION OPENED / OPEN SELL POSITION CLOSED
Red arrow: SELL POSITION OPENED / OPEN BUY POSITION CLOSED
Following is an example showing an optimal trade by the strategy in this back-test:
Strategy:
Refer to related ideas below for detail into strategy, which works well with only high volume/volatile coins.
Summary: All indicators must cross to give a strong buy/sell signal
i.e. fibonacci lines, bollinger bands , macd , rsi must be crossed simultaneously.
:'######::'########:'##:::::::'########::'##::::'##::::'###:::::'#######::'##:::::'##::::'###::::'########::'########:
'##... ##: ##.....:: ##::::::: ##.... ##: ##:::: ##:::'## ##:::'##.... ##: ##:'##: ##:::'## ##::: ##.... ##: ##.....::
##:::..:: ##::::::: ##::::::: ##:::: ##: ##:::: ##::'##:. ##:: ##'### ##: ##: ##: ##::'##:. ##:: ##:::: ##: ##:::::::
. ######:: ######::: ##::::::: ########:: #########:'##:::. ##: ## ### ##: ##: ##: ##:'##:::. ##: ########:: ######:::
:..... ##: ##...:::: ##::::::: ##.....::: ##.... ##: #########: ## #####:: ##: ##: ##: #########: ##.. ##::: ##...::::
'##::: ##: ##::::::: ##::::::: ##:::::::: ##:::: ##: ##.... ##: ##.....::: ##: ##: ##: ##.... ##: ##::. ##:: ##:::::::
. ######:: ########: ########: ##:::::::: ##:::: ##: ##:::: ##:. #######::. ###. ###:: ##:::: ##: ##:::. ##: ########:
:......:::........::........::..:::::::::..:::::..::..:::::..:::.......::::...::...:::..:::::..::..:::::..::........::
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.