TMTtraders

TMT Strategy Rapido: Backtesting BITCOIN since 2016

BITMEX:XBTUSD.P   Bitcoin
Hi everyone!

Here is a sample backtest result of TMT Rapido (one of the strategies in TMT Strategy Indicator) this is a trend following indicator based on smoothed moving averages, tested on the 4H XBTUSD

Paremeters used:
⭐️ Long and Short trade entries
⭐️ Backtest year 2016 to present
⭐️ Stop-loss set at 2%
⭐️ Commission fee set at 0.1%
⭐️ $10,000 capital used
⭐️ Order size is 100% equity
⭐️ Pyramiding is 0 (no pyramiding)

Once trade is entered it closes on the next signal or until stop-loss is hit. Check the indicator link below it comes together with "Buy" and "Sell" alerts for those willing to automate the trades.

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