INVITE-ONLY SCRIPT

Megalodon Pro Automated Shorter Term Trader Backtester

STRATEGY
  • When to buy:Green bar - Orange bar Closes
  • When to sell:Purple bar closes
  • Stop to trailing:No
  • Stop loss:No
  • Commission Rate: 1%
  • Willing to risk per trade: 10%
  • Maximum possible trades in one direction:10RESULTS
  • Net Profit without 1% commission: 112.64%
  • Net Profit with 1% commission: 103.92%
  • Starting Balance:$100,000
  • Profits Made: $103,918.38
  • New Balance with 1% commission: $203,918.38
  • Dates traded: 3/17/2019 and 8/3/2019
  • Total Close Trades: 80
  • Percent Profitable:98.75%
  • Profit Factor:152.158
  • Max Drawdown: 0.35% - $745.14
  • Buy & Hold Return: 174.66%
  • Commission Paid:$9621.46
  • Total Open Trades:10
  • Number of Winning Trades: 79
  • Number of Losing Trades:1
  • Avg Win Trade: 1.33%
  • Avg. Lose Trade: 0.92%
  • Largest Win Trade: 2.77%

Let me know what you guys think about the results?
Due to the tradingview's limitations on providing the shorter time frame price data, we had to provide a 60 minute time frame backtesting results.
The shorter time frames including 1 minute and 15 minutes backtesting results are way more accurate and precise than 60 minutes time frame results.

Megalodon Trading
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Invite-only script

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