Naviagtor: Trend Rider
The Navigator: Trend Rider Strategy is an advanced algorithmic trading system designed to capitalize on market trends. Utilizing sophisticated analysis of market momentum, this strategy identifies and rides the waves of market trends, aiming for optimal entry and exit points. It’s ideal for traders who want to leverage the power of market trends with precision and agility, ensuring they’re always on the right side of significant market movements
The “Navigator: Trend Rider Strategy” offers a range of advantages for traders looking to capitalize on market trends
Benefits Of The System
Effective Trend Identification: The Navigator excels at identifying prevailing market trends using advanced algorithms, allowing traders to align their strategies with the market’s direction.
Optimal Entry and Exit Points: By analyzing market momentum, the system helps in determining the best entry and exit points, ensuring trades are executed at the most advantageous moments.
Precision in Trading: The strategy focuses on precision, reducing the likelihood of entering or exiting a trade too early or too late, which is crucial for trend-following strategies.
Agility in Market Movements: Its agility allows traders to quickly adapt to changing market conditions, which is essential in dynamic financial markets where trends can shift rapidly.
Maximizing Profit Potential: By effectively riding market trends, the Navigator aims to maximize profit potential, capturing the full swing of market movements.
Risk Management: The system’s focus on trend analysis helps in better risk management by avoiding trades that don’t align with the overall market trend, thereby potentially reducing unnecessary losses.
Suitable for Various Market Conditions: The Navigator is versatile and can be effective in different market conditions, whether in a bullish, bearish, or sideways market, making it a valuable tool for a wide range of trading scenarios.
Equity curve for Bitcoin (BTC)
This is what the equity curve looked like for BTC, a low 32% win rate. $10,000 invested would have returned $30,000. You can see the equity curve still making new highs, after over 129 trades. Most importantly, you would have avoided the huge drawdowns in 2018 and 2022.
Performance Top 10 Cryptos - 2021
We backtested in Python and got a similar result for the top 10 cryptos in 2021 only. 10K invested would have returned about $150,000.
How To Use The Indicator
Create an Account on TradingView. Visit tradingview.com and click “Start free trial.”
Select a ProfitWithTrading Subscription Plan. Next, choose a suitable ProfitWithTrading subscription.
Order Your ProfitWithTrading Indicator. Fill in the order form, including your TradingView Username for indicator access..
Get Access and Start Trading. You will receive an email with details about your trial or subscription. Check the “Invite-only scripts” tab on TradingView.
Add the indicators to Your Chart: Select ‘Invite-only scripts’: Choose the desired ProfitWithTrading indicator(s) and click on the name to add them to your account and chart.
Set up alerts to receive alerts on your phone.
How To Customize The Indicator Settings
Unlike other algo providers, we make our indicators as easy to set up and use as possible. You can use this system out of the box without making any changes. If you do decide to make some changes, there are only a few settings to customize, which we will describe below.
BACKTEST WINDOW
The system tracks and shows historical PL and trades. How far back goes will be limited to your Trading View account. You can set it to show historical backtest results or start from when you start using the system.
TRADE OPTIONS
You can configure the algo to take long trades, short trades, or both. We recommend taking only long trades in bull markets and short trades in bear markets.
TRADE SETTINGS INPUT
Set up your initial capital and contract size.
TABLE SETTINGS
You can show or not show the system performance table. You can also select the size of the table. The options are Mobile (extra large), Large, Medium, and small.
Recommended Instruments
Sprinter works well in trending and ranging markets. It has been thoroughly tested in the crypto markets. It also works well with tech stocks like Nvidia, Meta, Microsoft, etc.
Sprinter has not been tested on the Forex markets. If you decide to use on Forex, check the backtest results.
