The McGinley Dynamic might be the best-kept secret in trading โ and when paired with momentum-based indicators, it becomes a strategy powerhouse. This strategy is designed for both manual and automated trading setups and focuses on entering strong trends and exiting before they die out.
๐ Full backtest results included!
๐งช Profit factor: 2.23
โ ๏ธ Drawdown: 40% (long-only test)
Get the full script on my Patreon & backtest it on your favorite pairs!
===
IMPORTANT:
PATREON SUPPORT โ https://www.patreon.com/dutchalgotrading
KO-FI SUPPORT โ https://ko-fi.com/dutchcryptodad
BYBIT AFFILIATES โ https://partner.bybit.eu/b/GETBYBIT
ALGO TRADING BOOK โ https://bit.ly/DCD_Ebook1
$100 LINODE CREDITS โ https://bit.ly/Linode_Advantages
$15 TRADINGVIEW BONUS โ https://www.tradingview.com/?aff_id=139223
WEBSITE โ https://www.dutchalgotrading.com
BACKTESTANALYZER FOR FREQTRADE โ https://backtestanalyzer.com/
#trading #bitcoin #crypto #cryptocurrency #money #strategy #algorithmic #backtesting #forex #dutchcryptodad #dutchalgotrading
โ ๏ธ FINANCIAL DISCLAIMER โ ๏ธ
This channel is for education and entertainment purposes only! All the content I show are hypothetical results on a limited backtest dataset. My way of deciding if an algorithm is good is not an exact science! Everybody has their own preferred way of determining if a trading algorithm fits their person needs or not. It is your responsibility to investigate if this strategy fits your risk appetite and will provide similar results under live circumstances! Always backtest and forward test with your specific setup before live trading. Everything expressed here is my own personal investigation, opinion and not official investment advice. Investing in cryptocurrency or trading involves a high degree of risk and should be considered only by persons who can afford to sustain a loss of their entire investment. Please do your own research or consult a financial advisor before making any financial decisions! Past Performance Is NO Guarantee of Future Results!! I am in no way responsible for bad setups, strategies and possible losses (or gains) of money as a result! Everything expressed here is my own personal investigation, opinion and not official investment advice. Investing in cryptocurrency or trading involves a high degree of risk and should be considered only by persons who can afford to sustain a loss of their entire investment. Please do your own research or consult a financial advisor before making any financial decisions!