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nhbprod
Apr 17, 2021 12:11 AM

61+% Gain on BCHUSDT & 0.94+% Average Trade. When to go long Long

Bitcoin Cash / TetherUSBinance

Description

If you are viewing this on the app, you do not have access to see the backtest results... try opening this in desktop view to see the results....61%+ net profit with an average trade of 0.94+%

I created a strategy and an alert system based on simple indicators that can produce very high results. I've actually been using my alerts in the live market, and with pretty good success, but I figure it is always better to have some constructive criticism. I have a ton of experience with my scripts, and I built in a ton of margins for error, so results in real life are actually better than posted. This week, I took a look at this because I had a client request a configuration. In my opinion, using this strategy script is the easiest way to learn which indicators control what kind of market, and how to tune each indicator to account for the market it is targeting.

If anyone is interested, I have the strategy open source for everyone to use and to learn from, but my alert system that matches up perfectly with it took some time to build so I kindly ask for 10/month for the first month. Most of my subs are profitable within the first month, mainly because I send you configurations to use, similar to the one below in this post. I do analyses on any coin or any chart that you invest with. I can create great backtests on ANY CHART using my strategy and techniques. I always aim for a mixture of high percent profitability and obviously net profit.

Does anyone have any criticism/doubt/suggestions on my backtest? I'm always looking to learn on how to get better

Symbol: BCHUSDT
Candle Timeframe: 2hour
Duration: MAX ALL TIME
Starting capital is 10000, with a 33% equity order size
Pyramiding: 1
Commission: 0.1% to match Binance commission values.

Disclaimer: Backtests do not prove that future trading will provide similar results.
Comments
UnknownUnicorn14417321
I didnt really understand whats your analysis behind this coin
With: "Duration: MAX ALL TIME" you are refering that you are expecting this to go ATH lvls?
nhbprod
@jsanmigu, Hey. This isn't a one-time analysis. This is an analysis that shows that choosing correct indicators and parameters can create a configuration that yields high profit over time... The next trade doesn't really matter, because the profit / analysis time just isn't worth it. It is much more profitable to create specialized configurations that yield profit long after the analysis is completed... which is what I've gotten pretty good at. Essentially, I create great backtests, and although you cannot ever predict the future, the backtest still provides qualitative evidence proving good configurations = profit.
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