This is a great introduction to Cryptocurrency trading with this semi-automated trading strategy. It uses the same core logic as the other switchback trading systems with multi-time indicators, but this robot has been modified to target Cryptocurrencies like Bitcoin.
All Cryptocurrencies Are Supported
"The Free Trial is for 30 days"
Version 1.0 (Source Code Not Included)
What Is Under The Hood?
This robot uses the same trading logic that is used with the Switchback Forex trading robot, but with fixed timeframes for the DiNapoli Stochastic and Hull Moving Average indicators at 1 hr, 4 hr, 8 hr, 12 hr and daily timeframes which are optimal for this type of trading. Much of the trading logic is hidden from the trader, so it is a form of a black-box trading system. The parameters that are adjustable give the best possible settings for optimization.
How The System Opens Positions
This robot waits until all 5 timeframes to show a strong buy or sell trend and then it opens positions using a smart-grid system, when the trend is near exhaustion it stops trading and waits for the next cycle.
How The System Closes Positions
All positions are closed using a trailing stop and when the DiNapoli Stochastic indicator on a single timeframe signals when a trend is oversold or overbought.
Backtest Results With Sample Parameters BITCOIN (BTCUSD)
All results have the following backtest settings
Platform: IC Markets, Date Range: 10 months
Commision: NONE, Spread: 1200 pips
Data: m1 bars from the server (open prices)
Starting Capital: £5000.00
Equity Drawdown: 24.00%, Initial Capital Drawdown: 0.00%
Net Profit: £48,340.00 (+967%)
Ending Equity: £40,467.00
Winning trades: 19 - Losing trades: 2
Sharpe ratio: 0.6
Starting Capital: £1000.00
Equity Drawdown: 0.00%, Initial Capital Drawdown: 0.03%
Net Profit: £14,496.00 (+1450%)
Ending Equity: £24,649.00
Winning trades: 17 - Losing trades:12
Sharpe ratio: 1.14
~ We will include the above settings with the robot ~
YOU WILL NEED TO FIND THE BEST SETTINGS FOR OTHER SYMBOLS
Learn How To Backtest & Optimise Your Parameters
~ source code is not included with this product ~
Adjustable Settings & Features
The following adjustable parameters make optimisation even easier for the best possible results.
Not Using the cTrader Trading Platform?
If you are not using the cTrader platform, you can find out more about it by clicking on the link below.
Tell Me More About the cTrader Trading Platform
Watch a Video Demonstration
The video has been uploaded to 1080p High Quality, so do not forget to set your U-Tube video quality to 1080p HD.
Duration: 16 minutes