OPEN-SOURCE SCRIPT
AlphaTrend Strategy-Dexter
📌 AlphaTrend Strategy – Brief Description
The AlphaTrend Strategy uses ATR with RSI/MFI filters to build a dynamic trend line.
Buy when AlphaTrend crosses above its past value (trend up).
Sell when AlphaTrend crosses below its past value (trend down).
Works as a trend-following system, but can whipsaw in sideways markets.
📊 Backtest Summary (Nifty 50, 10-min TF)
Period: Aug 19, 2024 – Sep 11, 2025
Metric Value
Total P&L ₹5,595.65 (+0.56%)
Total Trades 230
Win Rate 42.61%
Profit Factor 1.40
Max Equity Drawdown ₹1,704.15 (0.17%)
Sharpe Ratio -1.80 ❌
Sortino Ratio -0.87 ❌
⚠️ Observations & Risks
Profit Factor > 1 → profitable but thin edge.
Negative Sharpe & Sortino → risk-adjusted performance is poor (high volatility, low consistency).
Low Win Rate (42%) → depends heavily on a few big winners.
No Stop Loss / Take Profit → exposes account to streaks of losses.
Works better in trending markets, fails in choppy/sideways conditions.
✅ Caution: The system makes money on paper, but the risk profile is weak. Use strict money management and additional filters (higher timeframe trend or volume confirmation) before considering it live.
The AlphaTrend Strategy uses ATR with RSI/MFI filters to build a dynamic trend line.
Buy when AlphaTrend crosses above its past value (trend up).
Sell when AlphaTrend crosses below its past value (trend down).
Works as a trend-following system, but can whipsaw in sideways markets.
📊 Backtest Summary (Nifty 50, 10-min TF)
Period: Aug 19, 2024 – Sep 11, 2025
Metric Value
Total P&L ₹5,595.65 (+0.56%)
Total Trades 230
Win Rate 42.61%
Profit Factor 1.40
Max Equity Drawdown ₹1,704.15 (0.17%)
Sharpe Ratio -1.80 ❌
Sortino Ratio -0.87 ❌
⚠️ Observations & Risks
Profit Factor > 1 → profitable but thin edge.
Negative Sharpe & Sortino → risk-adjusted performance is poor (high volatility, low consistency).
Low Win Rate (42%) → depends heavily on a few big winners.
No Stop Loss / Take Profit → exposes account to streaks of losses.
Works better in trending markets, fails in choppy/sideways conditions.
✅ Caution: The system makes money on paper, but the risk profile is weak. Use strict money management and additional filters (higher timeframe trend or volume confirmation) before considering it live.
開源腳本
本著TradingView的真正精神，此腳本的創建者將其開源，以便交易者可以查看和驗證其功能。向作者致敬！雖然您可以免費使用它，但請記住，重新發佈程式碼必須遵守我們的網站規則。
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。
開源腳本
本著TradingView的真正精神，此腳本的創建者將其開源，以便交易者可以查看和驗證其功能。向作者致敬！雖然您可以免費使用它，但請記住，重新發佈程式碼必須遵守我們的網站規則。
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。