This script has been created to demonstrate the effectiveness of using market regime filters in your trading strategy, and how they can improve your returns and lower your drawdowns
This strategy adds a simple filter (A historical volatility percentile filter, an implementation of which can be found on my trading profile) to a traditional buy and hold strategy of...
A strategy wrapper that makes a detailed and visual comparison between a given strategy and the buy & hold returns of the traded security.
TradingView has a "Buy & Hold Return" metric in the strategy tester that is often enough to assess how our strategy compares to a simple buy hold. However, one may want more information on how and when...
This is a simple buy and hold calculator.
You have an initial date and once that dated it passed it will sell the product that was bought initially.
This strategy buys and sell 100% of the initial volume.
When you develop your own strategy you should compare its performance to the "buy-and-hold" strategy (you buy the financial instrument and you hold it long term). Ideally your strategy should perform better than the buy-and-hold strategy. While the net profit % of the buy-and-hold strategy is available under the "Performance Summary" tab of the "Strategy Tester"...