Crypto Spot Market Bot

Hello Friends.

This script is only for long positions.

How does the algorithm work ?

• The Relative Momentum Index
  
• Relative Strength İndex
  
• Average Directional Movement İndex
  
• Momentum
  

When rsi and adx produce signals in the same direction, the rmi indicator confirms the signal. After the Confirmed Signal, the buy-side transaction is entered , the closed according to the % of profit taking and stoploss specified on the algorithm in the entered transaction.



In the spot market, it is possible to make money even in a down trend

All shared charts run within a 1-hour time frame.


Note : The shared backtest results have been shared as of 9/9/2021 by calculating 50% balance and 2 pyramiding methods in an account of 1000 dollars. Keep in mind that this algorithm will want to try to average down in possible worst-case scenarios. 2% - %3take profit levels will provide consecutive gains in the spot market.

How should the adjustments be made?

Value variables should be made according to formula a and formula b values ​​and backtest results. You can increase the frequency of transactions by lowering the adx and rsi values.

Alarm Features ;

• Signal Alert
  
• TakeProfit Alert
  
• Stoploss Alert.
  

Overview :








Backtest Script Link :