BTCUSDT 4h Chart - Supertrend [CYRANO]

12 小時前

This strategy uses the Supertrend indicator to generate buy and sell signals based on trend direction. It is specifically designed for the BTC/USDT pair on a 4-hour chart. Here's a detailed breakdown of its components and functionality:

Key Features:

Supertrend Indicator:
Uses the Average True Range (ATR) to calculate dynamic support and resistance levels.
Generates an uptrend (green) or downtrend (red) signal based on price action:
Uptrend (green): When the price is above the Supertrend level.
Downtrend (red): When the price is below the Supertrend level.

Date Range Filter:
Allows users to specify a backtesting period using Start Date and End Date.
All trades are executed only within this date range.
If the current date is outside the range, the strategy closes all open positions.

Trade Logic:
Buy Signal: Enter a long position when the trend changes to green (uptrend).
Sell Signal: Exit the long position when the trend changes to red (downtrend).

Visualizations:
Plots the Supertrend line for both uptrend and downtrend scenarios.
Fills the area between the Supertrend line and the midpoint of the candle body for visual clarity:
Green Fill: Indicates an uptrend.
Red Fill: Indicates a downtrend.

Alerts:
Alerts are set up for:
Uptrend (green).
Downtrend (red).
Trend changes (switch between uptrend and downtrend).

Strategy Settings:
Uses 100% of equity for each trade.
Configures a commission of 0.1% and slippage of 3.
Indicator Inputs:

ATR Length:
Default: 10.
Determines the number of bars used to calculate the Average True Range.

Factor:
Default: 3.0.
Multiplier used to calculate the Supertrend levels above and below the price.

Start and End Date:
Default: 1st January 2018 to 31st December 2069.
Controls the date range for backtesting.

Execution Logic:

Entry Conditions: A long position is entered when the trend is green (uptrend).
Exit Conditions: The long position is closed when the trend turns red (downtrend).

Strengths:

Simplicity: The strategy is straightforward and easy to understand, relying solely on trend direction from the Supertrend indicator.

Visual Clarity: The plots and filled areas make it easy to interpret market trends at a glance.

Customizable: Inputs allow users to adjust the ATR length and factor to fit their trading style and market conditions.

Limitations:
No Short Trades: The strategy only supports long trades and does not enter short positions.
Whipsaw Risk: In ranging markets, frequent trend changes may lead to false signals and losses.
No Risk Management: Does not include stop-loss or take-profit levels, relying entirely on trend changes for exits.

Use Case:
This strategy is ideal for trend-following traders who want a clean and visual approach to identifying market trends. Its focus on simplicity and robust indicator logic makes it suitable for volatile instruments like BTC/USDT on higher timeframes. However, traders may need to incorporate additional risk management techniques or complementary indicators for enhanced performance.