Profitable strategy for investors with backtesting script on trading view.

in #bitcoin5 years ago (edited)

Hello,
I would like to share with you one of my strategies which took me more than 2 years to formulate. It is a result of manually checking my strategy over years of data, over a lot of number of stocks and commodity. After a certain time when it became difficult for me I had to learn the Trading View's coding language PINE so that I could test my finding over a lot of data quickly.

The strategy consist of various functions which search for best suited conditions to BUY a stock/ commodity/ underlying which would prove really helpful for a long term investor or a swing trader.
The efficiency of my strategy is backed by the attached photos of my backtest of various stocks and commodities. Complimentary backtesting code will also be provided to make a investor's work easy and efficient.
NOTE : The backtest of the stocks/commodities attached in the photos are during the period of 2010-2020
The total number of quantity taken for buying/selling = 1 unit
Total profit = Total no. of points in that time period
Here is my fiverr link, if any query: https://www.fiverr.com/share/WekowQ

Screenshot 2020-04-30 at 2.49.28 PM.png
First one is the Gold spot/ USD chart. The algorithm successfully captures little over 1000 points per unit which is quite exquisite for a commodity trader with maximum drawdown of only 174 points per unit. If we remove the short triggers from the result the max drawdown will reduce much further which makes it an excellent option for a long term investor who wants to invest in Gold.

Screenshot 2020-04-30 at 2.46.51 PM.png
Second one is from the banking index in Indian stocks market. since Banknifty is a really volatile index it would be reaaly great underlying to trade for any trader as it can do it's buy target and sell target in the same day. Hence, such a nice result.

Screenshot 2020-04-30 at 2.47.55 PM.png
The last but not the least is the bitcoin. Bitcoin has been in a trading range for a couple of years. A bitcoin investor has seen both the top of the world and down the drain kind of scenario. So, this strategy consider both the situation and provide these profitable trading signals giving 25000 points per unit.

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