ThunderZ1986

TSLA (modified) Supertrend Strategy

TSLA 1hr chart

Modified Supertrend Strategy

In Strategy Properties, set Initial Capital to at least $10K, set Order Size to 100% Equity.
Input Tab allows to disable SHORT Positions. If you can short TSLA then disable "LONG Position Only" in strategy input settings.

With LONG Positions Only enabled, here are the yearly returns (backtesting):

2018 - 2019 (1 year backtesting) = + 52% gain (165 trades)
2019 - 2020 (1 year backtesting) = + 53% gain (156 trades)
2020 - 2021 (1 year backtesting) = + 1,225% gain (159 trades)
2021 - 2022 (1 year backtesting) = + 122% gain (159 trades)
2022 - September1, 2022 = + 29% gain (101 trades)

Backtesting from 2018-01-01 to 2022-09-01
+ 8,893% gain on 746 trades.
Protected script
This script is published closed-source but you may use it freely. You can favorite it to use it on a chart. You cannot view or modify its source code.
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.

Want to use this script on a chart?