
pedma
@pedma7 • 47,796 subscribers
systems trader. sharing few things i find interesting. not financial advice.
Videos

4) The Breakout Trade Let's systematize his strategy: 1) Initial driver move of >30% in the last 12 weeks 2) Sideways consolidation of 2-8 weeks 3) Consolidation average > 10/20/50 SMA 4) Enter trade on the breakout 5) Stop loss at low of breakout day 6) Stop loss < 1*ATR
pedma212,364 views • 2 years ago

5) Exit Rules Let's also systematize his exit rules: 1) Selling 1/3 or 1/5 of the position within 3-5 days after entry 2) Move the stop to breakeven 3) The remaining position has a trailing stop loss using the 10/20 moving average. 4) Exit if price closes below the trail.
pedma188,401 views • 2 years ago

1. Choice of Libraries Begin with the required Libraries. We can ask ChatGPT to get them for us. Prompt → "Could you provide the Python code to import the necessary libraries for backtesting a trading strategy, focusing on data handling from Yahoo Finance and visualization?"
pedma107,043 views • 2 years ago
No more content to load