In this video, we build and test a PAXG (PAX Gold) trend-following strategy from scratch - covering everything from strategy logic and TradingView implementation to backtesting and automated execution.
We’ll break down:
• Why we chose PAXG for the strategy
• How EMA 10 & EMA 50 identify market direction
• How ADX filters out weaker trends
• How ATR is used for volatility-based stop-losses
• Long, short and exit conditions
• Building the strategy in TradingView with Pine Script
• Backtest results: +308.88% Total P&L, 27.03% Max Drawdown & 1.333 Profit Factor
• Why win rate alone doesn’t define a trading strategy
• How TradingView alerts + webhooks can automate execution
• Important checks to perform before going live
PINE SCRIPT for PAXG EMA 4hr Strategy
Open link → Tap on Source code → Copy pine script
https://www.tradingview.com/script/Um7vmQ9y-PAXG-EMA-4hr-Strategy/
Open your Delta Exchange account here:
https://deltaexchange.onelink.me/DIpL/trrjrie6
Timestamps -
00:00 – Introduction
00:58 – Why We Chose PAXG
01:37 – Strategy Setup: Long & Short Entry Conditions
03:40 – Stop Loss & Exit Rules
04:56 – How to build the strategy in TradingView
05:50 – Backtest Results Explained
09:14 – Webhook Automation
10:50 - Strategy Recap & Final Takeaways
⚠️Disclaimer:
This video is strictly for educational purposes only. Crypto trading involves significant risk. Past performance of any strategy does not guarantee future results. Please consult your financial advisor before investing.
#paxg #GoldTrading #AlgorithmicTrading #TradingStrategy #CryptoTrading #TradingView #PineScript #Backtesting #AlgoTrading #AutomatedTrading #DeltaExchange
We’ll break down:
• Why we chose PAXG for the strategy
• How EMA 10 & EMA 50 identify market direction
• How ADX filters out weaker trends
• How ATR is used for volatility-based stop-losses
• Long, short and exit conditions
• Building the strategy in TradingView with Pine Script
• Backtest results: +308.88% Total P&L, 27.03% Max Drawdown & 1.333 Profit Factor
• Why win rate alone doesn’t define a trading strategy
• How TradingView alerts + webhooks can automate execution
• Important checks to perform before going live
PINE SCRIPT for PAXG EMA 4hr Strategy
Open link → Tap on Source code → Copy pine script
https://www.tradingview.com/script/Um7vmQ9y-PAXG-EMA-4hr-Strategy/
Open your Delta Exchange account here:
https://deltaexchange.onelink.me/DIpL/trrjrie6
Timestamps -
00:00 – Introduction
00:58 – Why We Chose PAXG
01:37 – Strategy Setup: Long & Short Entry Conditions
03:40 – Stop Loss & Exit Rules
04:56 – How to build the strategy in TradingView
05:50 – Backtest Results Explained
09:14 – Webhook Automation
10:50 - Strategy Recap & Final Takeaways
⚠️Disclaimer:
This video is strictly for educational purposes only. Crypto trading involves significant risk. Past performance of any strategy does not guarantee future results. Please consult your financial advisor before investing.
#paxg #GoldTrading #AlgorithmicTrading #TradingStrategy #CryptoTrading #TradingView #PineScript #Backtesting #AlgoTrading #AutomatedTrading #DeltaExchange
- Category
- Trading Strategies
- Tags
- crypto, ethereum, bitcoin
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