LTCETH - High Volume ALT coin strategy
Updated
Simple 15min time-frame strategy which works well with so far XMRETH 1.39% , ETHBTC, LTCBTC 1.10% , DASHETH 4.86% 4.86% .
Does not work well with FX, Commods, BTCUSD -2.06% , XMRBTC 1.89% 2.01%
LTCETH: (8% return over ~3 months = ~2.7% a month return on investment, 0.66% max drawdown, total of 12 trades = ~ 1 trade every 8-9 days)
Uses:
IF:
#1 (i.e. all bollingers are crossed) and;
#2 (i.e. macd crosses) and;
#3 (i.e. high/low fib lines are crossed) and;
#4 (i.e. RSI bands are crossed)
THEN: BUY/SELL
Does not work well with FX, Commods, BTCUSD -2.06% , XMRBTC 1.89% 2.01%
LTCETH: (8% return over ~3 months = ~2.7% a month return on investment, 0.66% max drawdown, total of 12 trades = ~ 1 trade every 8-9 days)
Uses:
- 1. Nested bollingers (multiple lengths)
2. MACD
3. Fibo retracement
4. RSI
IF:
#1 (i.e. all bollingers are crossed) and;
#2 (i.e. macd crosses) and;
#3 (i.e. high/low fib lines are crossed) and;
#4 (i.e. RSI bands are crossed)
THEN: BUY/SELL
Note
The following is applied to the back testing:0.25% commission
5000 ticks slippage
Recalculate after every tick
Recalculate after order filled.
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