Extremely Overfit Bitcoin Long/Short

This is a highly overfit (in my opinion) script to long/short BTC on the 15m time frame. May be usable for other cryptocurrencies or timeframes with some parameter adjustments. I backtested it on a few exchanges with ETH.

The simplest way to increase the number of trades is to decrease the "FastChannelLength" parameter or increase the "SlowChannelLength" parameter, or both. Decreasing the margins of the channels also increases the number of trades. In GENERAL, you should expect that adding more trades will hurt profitability, because, as the title says, this script is extraordinarily overfit.

It does include a commission fee from the start, which I find is essential to not providing an overly rosy view of how a strategy would work.
Open-source Skript

Ganz im Sinne von TradingView hat der Autor dieses Skripts es als Open-Source veröffentlicht, damit Trader es verstehen und überprüfen können. Ein Hoch auf den Autor! Sie können es kostenlos verwenden, aber die Wiederverwendung dieses Codes in einer Publikation unterliegt den Hausregeln. Sie können das Skript den Favoriten hinzufügen, um es auf dem Chart zu verwenden.

Möchten Sie dieses Skript auf einem Chart verwenden?


Great Job !!
Is there an (study) Alert version available?
@PeetW72, I'm new to tradingview so sorry if I don't understand the question, but isn't the behavior the same if you just set an alert based on the strategy? In any case I haven't made a study version but I'm sure there's a tutorial somewhere about how to convert between the two.

Also, if you (or anyone) were **hypothetically** going to use this IRL, I would turn the "FastChannelLength" down to 5 and crank the stop loss up to like 4.5% -- at least backtesting through late 2019 shows this setting to be somewhat more optimal, or at least lower-variance. (Not financial advice).
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