Performance Analysis

Upon reviewing the provided QuantStats report, the following performance metrics are noteworthy:

The strategy shows a challenging performance record with a net loss of -44.35% and a maximum drawdown of -98.37%. The Sharpe ratio of 0.02 and a profit factor of 0.799 reflect a lack of risk-adjusted returns, signaling potential areas for critical improvement.

Strategy Viability

Based on the data, the strategy currently struggles with significant viability challenges for real-world trading. The extreme maximum drawdown indicates considerable risk, limiting its use without modifications. Additionally, the strategy seems to operate under conditions where it fails to generate positive gains. It's imperative to reconsider the strategy's parameters and understand the market environments under which it performs best, if at all.

Risk Management

The existing risk management framework appears insufficient, as evident from the high drawdown percentage. Key areas for improvement in risk management could include:

• Utilizing less leverage to immediately reduce maximum drawdown risk.
• Implementing stricter stop-loss thresholds to limit the downside risk.
• Adopting dynamic risk allocation to preserve capital during high-volatility periods.

Improvement Suggestions

To potentially enhance the strategy's performance and mitigate risk, consider the following steps:

• Re-evaluate and optimize the strategy's parameters to improve the profit factor and Sharpe ratio.
• Incorporate additional technical indicators to refine entry and exit signals.
• Conduct comprehensive out-of-sample testing and forward-testing to verify robustness across varied market conditions.
• Enhance the risk management framework with advanced techniques such as dynamic position sizing and scenario analysis.

Final Opinion

In summary, the strategy currently struggles with negative profitability and high risk exposure. While the initial metrics challenge the strategy's effectiveness, focusing on robust parameter optimization and risk management enhancements could guide it toward improved performance.

Recommendation: Due to significant negative results, it's advisable to pause live trading and focus on thorough testing and strategy revision. By implementing the suggested improvements and recalibrating the strategy, there may be potential to transform it into a more viable trading model.