๐ Momentum Pullback Strategy _ Promising Results on the 1H Chart!
I'm excited to share my latest findings with the Momentum Pullback Strategy, which I've been refining and backtesting for the 1H chart. ๐
In this approach, I'm going bold with a super high risk/reward ratio. With a tight stop loss set at just 1%, the target take profit is a whopping 12%! While the success rate is low, the net profit potential is incredibly promising. ๐
Thereโs still room for improvementโI'm working on reducing the max drawdown and experimenting with additional indicators to enhance the success rate even further. โ๏ธ
Here's a snapshot of the strategy applied to $BNB on the 1H chart, with no special tweaks to avoid overfitting.
Would love to hear your thoughts on this! Let's keep refining and mastering the art of trading. ๐ก
