SIMPLE +184% Profit in 195 trades + Trading Script + Optimization Tips

2 years ago
224

https://traderslanding.net
This is an extremely simple strategy that has very clear guidelines to enter and exit. This trading system will perform best in clear and strong trending markets, and should not be used in consolidating conditions. The accompanying script is now available for your own testing.

In addition to reviewing the indicators, providing exact entry rules, defining the take profit and stop loss levels, testing it for 100 consecutive setups, reviewing the results, discussing the equity curve, and scoring the system on a scale of 1 to 10, I also share my 6 optimization tips that you can try in your own trading system development. Do not neglect back and forward testing, that is critical.

This script was coded by Kris Waters. Should you want to create your own trading script, modify an existing script, or have any other Pine Script needs please contact him directly.
https://twitter.com/mrkriswaters

🗣 COMMUNITY SITE: https://traderslanding.net/community/

🤖 The automated trading script is available for this strategy in the Trader’s Landing Community.

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✨ A Playlist of Systems I Like: https://bit.ly/SystemsILike

🏠 System Web Page: https://traderslanding.net/2022/04/16/73/

🔍 Link to my Testing Performance Spreadsheet: https://traderslanding.net/results/

📘 Link to my free backtesting spreadsheet: https://traderslanding.net/2021/08/15/26/

📒 Free Trading Journal, sign up for our Newsletter:
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⏱️ Timestamps ​​⏱️
00:00 - Start
00:50 - Indicators
01:46 - Long Examples
03:06 - Short Examples
04:15 - Results, Equity Curve, Score
05:58 - Optimization

⚙️ System Specifics ⚙️
📛 System Name: Simple Pivot SuperTrend Strategy
🏆 Trader’s Landing Score: 7
🎹 Instrument: Ethereum vs. Bitcoin (ETH/BTC)
⌛ Time Frame: 30-Minute (M30)

👀 TradingView Indicators
Name: EMA
Inputs: 200 Lenght
Style: Default
By: TradingView Built-In
Link: https://www.tradingview.com/support/solutions/43000592270-exponential-moving-average/

Name: Pivot Point Supertrend
Inputs: Default
Style: Default
By:
Link: https://www.tradingview.com/v/L0AIiLvH/

☝️ Long Entry
1. Price above 200 EMA.
2. SuperTrend Buy Signal

👇 Short Entry
1. Price below 200 EMA.
2. SuperTrend Sell Signal

🔥 Risk to Reward:
Options: Fixed or Dynamic (Based on: Pivot SuperTrend, ATR, or Moving Average)

🛑 Where to place stop-loss:
Option 1: SuperTrend Line
Option 2: Trailing the SuperTrend Line
Option 3: Trailing ATR
______
⚠️Disclaimer: This content references opinion and is for information purposes only. Not intended to be investment advice.

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