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Trend Following Strategy

Overview:

  1. Data Collection:

    • Use ByBit's API to get data from n days in the past.
  2. Strategy:

    • Identify local resistance levels and long at next testing, ideally catching a breakout rally.
    • Intialize stop-loss and take-profit parameters to basic random parameters(1.25%).
    • Get plots of entries and exits.

  3. Analysis:

    • Optimize risk-parameters using grid search to find better parameters.
    • Get plots of simulated perpetual trade pnls and fund performance.