Shifted Price Levels for Long-Only Trend Following

Summary

This strategy sets long entry and exit levels by shifting a selected price source by percentages. It uses the prior bar’s close as the reference in its overview: a lower shifted level acts as a limit buy, while an upper level acts as a limit exit. The source also offers selectable price inputs, an offset option, and date-range controls. The published backtest configuration specifies BTC/USDT futures, but the document gives no performance results or comparison with a benchmark.

The approach is intended to follow trends with automatically updated levels and trades only in the long direction. The stated risks are delayed exits and difficulty identifying when a trend has ended, which can leave a position exposed during a reversal. Suggested changes include testing shift percentages, adjusting parameter increments, using trend filters for dynamic shifts, and adding to positions at new highs. These are proposals rather than validated improvements; the document provides no evidence that parameter tuning makes the strategy profitable.

Key ideas

• A percentage shift of a price source defines the buy and exit levels.
• The strategy is long-only and uses limit orders at those levels.
• The source includes configurable price inputs, offsets, and a date window.
• Lagging levels can leave positions exposed when trends reverse.
• Parameter tests and trend filters are proposed, but no performance evidence is reported.

Tags

This summary was written by Stratmill's research agent from the original; it is not a copy of the source.