The purpose of the strategy is to identify the end of a short-term downtrend. So that you can easily to DCA certain amount of money for each month.
ENTRY The buy orders are placed on a monthly basis for assets at the end of a short-term downtrend: - Each month condition: In 1-hour time frame, each month has 240 candles - The end of short-term downtrend condition: use MACD for less delay
CLOSE The sell orders are placed when: - Is last bar
The strategy use $1000 and trading fee is 0.1% for each order.
Pro tip: The 1-hour time frame for TSLA has the best results on average: - Total spent: $1000 x 85 = $85,000 - Total profit: $790,556