myncrypto

Strategy Myth-Busting #1 - UT Bot+STC+Hull [MYN]

This is part of a new series we are calling "Strategy Myth-Busting" where we take open public manual trading strategies and automate them. The goal is to not only validate the authenticity of the claims but to provide an automated version for traders who wish to trade autonomously.

Our first one is an automated version of the "The ULTIMATE Scalping Trading Strategy for 2022" strategy from "My Trading Journey" who claims to have achieved not only profits but a 98.3% win rate. As you can see from the backtest results below, I was unable to substantiate anything close to that that claim on the same symbol ( NVDA ), timeframe (5m) with identical instrument settings that "My Trading Journey" was demonstrating with. Strategy Busted.

If you know of or have a strategy you want to see myth-busted or just have an idea for one, please feel free to message me.

This strategy uses a combination of 3 open-source public indicators:

Trading Rules:

5 min candles

Long
  • New Buy Signal from UT Bot Alerts Strategy
  • STC is green and below 25 and rising
  • Hull Suite is green

Short
  • New Sell Signal from UT Bot Alerts Strategy
  • STC is red and above 75 and falling
  • Hull Suite is red

If you're interested in exploring and discovering other high quality free strategies come join us in Discord: https://discord.gg/2wkm9QqSuY

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开源脚本

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