Net Profit: A solid $82,516.99 USD profit, reflecting a gain of 412.58%. This showcases the strategy's ability to multiply capital impressively over time.
Total Closed Trades: 157 trades have been completed, indicating a good amount of market engagement, providing ample data to gauge the strategy's reliability.
Percent Profitable: A high success rate, with 79.62% of trades closing in profit. This means nearly 8 out of 10 trades are winners, a confidence booster for any trader!
Profit Factor: A profit factor of 3.296 indicates that for every dollar lost, the strategy earned over three dollars. This is a strong indicator of risk/reward management.
Max Drawdown: The maximum observed drawdown was $13,564.86 USD, or 50.61%. While this is on the higher side, suggesting periods of significant losses, the overall profitability more than compensates for this.
Average Trade: The average trade brought in $525.59 USD, representing a 1.14% gain per trade. This consistent performance adds up over time, as seen in the cumulative profits.
Average Number of Bars in Trades: Each trade lasted an average of 17 bars. Given the 8-hour timeframe, this means trades were typically held for about 5-6 days, balancing between quick profits and sustained positions.
The strategy seems well-calibrated for traders looking for high probability setups with significant profit potential. The strong profit factor and percentage profitability are particularly appealing, suggesting a strategy that can consistently outperform the market, even if the drawdowns require a strong stomach.
For those willing to ride out the occasional rough patch, the Alpha Ai Reversal strategy offers a compelling balance of risk and reward, promising attractive returns in the long haul. This strategy could be a game-changer !