TradingView
BullBearBeckham
Feb 24, 2021 3:18 AM

Sell Signal Received Short

Bitcoin / U.S. dollarBitstamp

Description

See the sell signal on the chart and check out the strategy results below. This is not a pure short. It is merely a signal to close an open position.
Comments
slatermaus
Slick algorithm! And I mean that sincerely, in case it sounds sarcastic. Cheers
Joy_Bangla
With only 47% accuracy/profitability, I really would say there is a 53% chance your signal is incorrect. So it is more than likely your signal is incorrect.
BullBearBeckham
@Joy_Bangla, yes but look at the profit factor. thanks
BullBearBeckham
@Joy_Bangla, professionals use winning strategies having even low % success such as 40%. All you need is a 2-1 reward to risk ratio and 40% to make good consistent profits. the math works out too
BullBearBeckham
@Joy_Bangla, and good luck finding a better algorithm on tradingview with better results :)
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