This is a trend trading strategy.
It does not trade often because it has to wait for a trend to confirm up or down. This has the benefit of not getting faked into a trade or out of a trade. If you want to see more trades, simply use the date picker and increase the time range used for the backtest.
This strategy goes Long only.
When does it buy?
This strategy buys when the trend turns up (color changes from grey to green).
When does it sell?
This strategy sells when the trend turns down (color changes to grey, from any other previous color).
Date picker
This strategy has a date picker so you can choose the range you want to backtest.
This way you can backtest much more accurately.
When to use this strategy?
Best for trending assets (e.g. crypto).
Not suited on timeframes lower than 1D.
Not suited for high frequency or scalping.
Strategy properties
This strategy is set to use 100% of the capital you have set in the strategy properties.
In real trading you will of course define a budget for each strategy you use and it's not going to be 100% of your portfolio (you choose).
Don't look at absolute numbers when you check strategy numbers because that depends on your initial capital. Look at the relative values (% and ratios) to determine if the strategy is for you or not.