Sila
Noro's SILA v1.6L StrategyBacktesting
Backtesting (for all the time of existence of couple) only with software configurations to default (without optimization of parameters):
US = Uptrend-Sensivity
DS = Downtrend-Sensivity
It is recommended and by default:
- the normal market requires US=DS (for example US=5, DS=5)
- very bear market requires US DS, (for example US=5, DS=0)
- very bull market requires US DS, (US=0, DS=5)
Cryptocurrencies it is very bull market (US=0, DS=5)
Backtesting BTC/FIAT
D1 timeframe
identical parameters for all pairs
BTC/USD (Bitstamp) profit of +41805%
BTC/EUR (BTC-e) profit of +1147%
BTC/RUB (BTC-e) profit of +1162%
BTC/JPY (Bitflyer) profit of +215%
BTC/CNY (BTCChina) profit of 54948%
Backtesting ALTCOIN/BTC
D1 timeframe
identical parameters for all pairs
the exchange Poloniex
top-10 of cryptocurrencies on capitalization at the time of this text
NA = TradingView can't make backtest because of too low price of this cryptocurrency, or on the website there are no quotations of this cryptocurrency
ETH/BTC (Etherium) profit of +11690%
XRP/BTC (Ripple) loss of-100%
LTC/BTC (Litecoin) NA
ETC/BTC (Etherium Classic) profit of +214%
NEM/BTC loss of-49%
DASH/BTC profit of +106%
IOTA/BTC NA
XMR/BTC (Monero) profit of +96%
STRAT/BTC (Stratis) loss of-31%
ALTCOIN/ALTCOIN - not recomended
I don't need your money, I need reputation and likes.
Noro's SILA v1.6LIn 1.6:
1) WaveTrend Oscilator (LazyBear's code)
2) Locomotive-pattern
3) A new distance for SILA lines
Noro's SILA v1.6L - the original and new system of finding of a trend.
SILA is not one trend indicator, but 8 different trend indicators in one. Therefore high precision.
For:
- any pair
- any timeframe >= H1
Noro's SILA v1.4New sensivity
Now 2 types of sensitivity. Uptrend-Sensivity and Downtrend-Sensivity.
For example:
Uptrend-Sensivity = 3 and Downtrend-Sensivity = 5 is for a very bullish market
(U-S < D-S)
Uptrend-Sensivity = 5 and Downtrend-Sensivity = 3 is for a very bearish market
(U-S > D-S)
Low-risk
Uptrend-Sensivity = 6 and Downtrend-Sensivity = -1 (minus one) is a low-risk strategy
New settings
Minimum of sensivity = -6
Maximum of sensivity = +6
Noro's SILA v1.3Added TTS trend indicator (Trend Trader System).
Maximum of sensivity = 6
Recomended sensivity 2-4
Noro's SILA v1.2Noro's SILA v1.2 - these are 5 trend indicators in 1, for the sake of better accuracy.
Added:
1) Settings
2) Arrows
Noro's SILA v1.2 uses 5 trend indicators:
1) SuperTrend
2) DI Plus-Minus
3) WOW trend indicator (my idea)
4) BarColor indicator (my idea)
5) BestMA (or "BMA") indicator (my idea)
The user can switch-off any indicator from 5 to achieve big accuracy.
How does it work?
Each indicator from 5 defines a trend in own way. If two indicators report that there will be a uptrend, and three others the indicator report that there will be a downtrend - it is downtrend (a red background).
For an example
Now SuperTrend = uptrend = +1
Now DI Plus-Minus = downtrend = -1
Now WOW trend indicator = downtrend = -1
Now BarColor indicator = downtrend = -1
Now BestMA (or "BMA") indicator = uptrend = +1
Sum = + 1 - 1 - 1 - 1 + 1 = -1 = downtrend
If sum > 0 = uptrend
Sensivity
The user himself chooses what there will be a sensitivity (in settings).
If sensivity = 3:
sum > or = 3 - uptrend
sum < or = -3 - downtrend
sum > -3 and < 3 - NA-color of background
Trendlines
3 lower trendlines (blue plots) is "sum+3"
5 upper trendlines is "sum-5"
etc
Settings:
1) sensivity - you see above
2) distance - distance between the price and lines (for convenience)