Joy_Bangla

Super Algorithm Strategy (Joy Bangla)

Joy_Bangla Updated   
This is the strategy tester for the
Below are the performance results

  • Starting with $10,000
  • Net Profit: 88%
  • 66% profitable trades
  • 34% losing trades. Do look at the losing trades. If one did careful moment management, some of those may end up profitable as well.
  • 4.158 Profit factor.
  • 16.1% drawdown. I would go a bit more and say if I am using this, my risk management should ensure for a stop loss of 20%.
  • 66 bars on average (aka it holds for a long time. So, one needs to look into the funding factor in money management)
  • Sharpe Ratio: 0.291

Only 7 trades done (with 6 closed) in 2 and a half years. So this absolutely reduces noise as much as possible.

In short, if I had $10000 of BTC beginning of 2018, I would be having $18,878 worth of btc right now.

With 4x leverage, this could be a huge potential.

For info on gaining access see the ⬇ link below ⬇ in our signature field & direct message me. I have a busy schedule at my own workplace. Trading is my hobby. Hence, please be kind to me if I am late in replying.
Release Notes:
Note:
  • Reflects the Super Algorithm more closely. There was a typo in the source code that no longer there.
  • This is not financial advice.

The statistics from the analysis above shows 81% profitable trades/accuracy on 2day timeframe BTCUSD 2018 till today data.

Below are a few statistics I found when I used it on different coins
ETHUSD using Coinbase data on 2day timeframe gives me 76% profitable trades/accuracy.
ADAUSDT using BITTREX data on 2d timeframe gives me 93% profitable trades/accuracy.
TOMOUSDT using Kucoin Daily data gives me 75% profitable trades/accuracy.
SHITPRP using FTX Daily data gives me 94% profitable trades/accuracy.
BTCUSD using Coinbase 2Day data gives me about 81% profitable trades/accuracy.
ALGOUSDT using BINANCE 2day data gives me about 95% profitable trades/accuracy.
XTZUSD using Coinbase Daily data gives me about 85% profitable trades/accuracy.
ETCUSD using Coinbase 2D daily gives me 86% profitable trades/accuracy


Note:
When it says, Reduce it means it is best to convert half into cash. So imagine if you are starting with 2 BTC, then with each reduce it goes to 1btc, then 0.5btc, then 0.25btc etc. This way, I ensure I am taking regular profit form the market embracing my money management. Your money and risk management is yours.
Release Notes:
A silly typo in the comment of my code has been fixed. It does not affect functionality.
Release Notes:
It is a minor update to the Super Algorithm Indicator strategy script. I have changed the text to make it consistent with the Super Algorithm Indicator plot text. I have also pulled the take profit percentage into its own variable.

For guides on how to use the Aladdin indicator or how to buy it, please check joy-bangla.gitbook.io/aladdin/
Invite-only script

Access to this script is restricted to users authorized by the author and usually requires payment. You can add it to your favorites, but you will only be able to use it after requesting permission and obtaining it from its author. Contact Joy_Bangla for more information, or follow the author's instructions below.

TradingView does not suggest paying for a script and using it unless you 100% trust its author and understand how the script works. In many cases you can find a good open-source alternative for free in our Community Scripts.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.

Want to use this script on a chart?

Warning: please read before requesting access.