Hulk Trading Algorithm V2
Last updated
Last updated
This backtesting software analyzes the performance of the proprietary strategy developed by our team and released as open source as a contribution to the community.
Strategy type: manually executable
Applicability: stocks, indices, forex, cryptocurrencies, ETFs, etc.
The analyzed strategy is a manually executable long-only strategy, based on a grid algorithm that allows averaging the entry price across 10 different levels and closing trades once the profit is achieved. Is built starting from the initial price located at the center of the grid [A].
This algorithm aims to accumulate fractions of assets for each level of the grid using an anti-martingale model. This means that starting from the lower level of the grid, the amount to be purchased is increased with each new step [B]. The initial investment amount is equal to 0.50% of the initial capital.
New Quantity = Initial Investment Amount * Grid Level
Example: If the total capital is $10,000.00, Initial Investment Amount will be equal to 0.50% * $ 10,000.00 = $50.00. The second trades will be x2, the third x3 and again until reach the 10th level.
All previously opened positions are closed at the take profit level, which is calculated starting from the upper limit of the grid, or at the stop loss price calculated from the lower limit of the grid.
