Bitduke

Intraday Trend Following Algorithm [Bitduke]

Description:

Trend following strategy that constantly adjusts to volatility and avoids of most whipsaws; rapidly moves up or down according to a quickly changing market. Great strategy for high volatile markets, like crypto market.
Based on a couple of special moving averages with integrated smoother which helps to avoid whipsaws.


Backtesting

Backtested on BTCPERP ( FTX ). It shows much better results on 4h timeframe (more than 222% YTD) and relatively low drawdown which allows you to use up to x3 leverage without a fear of huge losses. I.e if we have 5% drawdown for this strategy and using x3 leverage then to be prepared to 15% drawdown maximum in this case.

Initial Capital: $1000
Capital per trade: $1000
Including fee: 0.075% (buy + sell) side, type "taker"

When we get a signal (green/red column on chart) algo opens a trade by the next candle open price.

Others:

Risk management: Stop loss/Take profit in %


Strategy doesn't repaint.

----------

To access: sign up on FTX using ref link from my signature.
Remove from Favorite Scripts Add to Favorite Scripts
Telegram ⏩ : https://t.me/bitdukejournal
Twitter ⏩: https://twitter.com/bitcoinduke
DeFi⏩: https://t.me/defi_tokens

Sign up using my ref link to obtain access to my algos :
FTX (get 5% of fees back): https://ftx.com/#a=bitduke

Comments

How can you make maxdrawdown 6.61%?
excellent! MR.Bitduke.
+1 Reply
Bitduke deitydoll
@deitydoll, It depends on the backtesting period. if we take the backtest calculation from a random month of 2018, let's say March, drawdown could be slightly higher - 12.23%
Yep, I think it very good drawdown for such revenue, i.e we don't have 1000% in a couple of months but also there are no drawdowns of 60%+ of the initial deposit
Reply
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Referred friends Coins My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out