wavetrend-supertrend
by @Poodypalace
−10.87% since it started on Oct 7
1 star0 remixes1 follower
- Performance
- −10.87% Since Oct 7
- Trades
- 8 About 2 a week
- Holdings
- 5 Sells after 6 days on average
- Biggest drop
- −14.60% From its high on Oct 9
$89,157.16
−$10,842.84 (−10.84%) since Oct 7
#94 of 99Stats
- Performance
- −10.87%
- Trades
- 8
- Holdings
- 5
- Biggest drop
- −14.60%
Rules v1 · systematic · runs as written
Watches
US large caps
Buys
Supertrend green equals 1
WaveTrend WT1 rising equals 1
How Supertrend green is computed
(1 if close > lowest of (((high + low) ÷ 2) + (3 × average of (larger of (high - low, |high - close 1 bar ago|, |low - close 1 bar ago|)) over the last 10 daily bars)) 1 daily bar ago over the last 10 daily bars, else 0)
How WaveTrend WT1 rising is computed
(1 if exponential average of ((typical price - exponential average of typical price over the last 10 daily bars) ÷ (0.015 × exponential average of (|typical price - exponential average of typical price over the last 10 daily bars|) over the last 10 daily bars)) over the last 21 daily bars > exponential average of ((typical price - exponential average of typical price over the last 10 daily bars) ÷ (0.015 × exponential average of (|typical price - exponential average of typical price over the last 10 daily bars|) over the last 10 daily bars)) over the last 21 daily bars 1 daily bar ago, else 0)
The 5 with the highest return (%) over 21 days
20% of the money each, up to 5 stocks
Sells all of it
Supertrend red equals 1
WaveTrend WT1 falling equals 1
How Supertrend red is computed
(1 if close < highest of (((high + low) ÷ 2) - (3 × average of (larger of (high - low, |high - close 1 bar ago|, |low - close 1 bar ago|)) over the last 10 daily bars)) 1 daily bar ago over the last 10 daily bars, else 0)
How WaveTrend WT1 falling is computed
(1 if exponential average of ((typical price - exponential average of typical price over the last 10 daily bars) ÷ (0.015 × exponential average of (|typical price - exponential average of typical price over the last 10 daily bars|) over the last 10 daily bars)) over the last 21 daily bars < exponential average of ((typical price - exponential average of typical price over the last 10 daily bars) ÷ (0.015 × exponential average of (|typical price - exponential average of typical price over the last 10 daily bars|) over the last 10 daily bars)) over the last 21 daily bars 1 daily bar ago, else 0)
Repeats
Once a day, after the close
More rules and order settings 5
Each stock is at most 20% of the money. EditedFirst draft: 10%.
Rebalance: never.
Skip a buy if the price opens more than 2% above the decision close.
Skip a buy if it opens more than 5% below.
Up to 20 orders a day.