Very simple strategy that will look for Divergence on the RSI.
My Strategy for this was mixed with the 55 EMA which you can activate in the settings.
- For purpose educate only - My mission is to debunk fake strategies with code to find THE ONE.
- Plots EMAs and other values on chart.
- This script to change bars colors.
This is my first strategy of many I hope. Inspired by a strategy I found on YouTube I wanted to see if it would work with a BOT strategy.
The idea is :
## LONG ##
* When the price is above 200 EMA take only LONG positions.
* Look for Bullish hidden divergence.
* Stochastic crossover to find our entry.
## SHORTS ##
* When the price is below 200...
This is variation of RSI Divergence strategy.
I have added a filter (long term RSI) to the Rules. strategy BUYs when RSI 50 period is above 50 line and there is divergence on the short term RSI
short term RSI period 5
long term RSI period 50
stopLoss is 8% --- if setting is enabled
RSI 50 is above 50 line
This strategy is based on CDC RSI Divergence indicator ( www.chaloke.com )
Also some code from CTC R-Breaker strategy ( ctc.in.th )
For best result, using 1 H timeframe.
I tried backtest at Bitmex ( XBTUSD ) Bitfinex ( BTCUSD ), OKex ( BTCUSD3M ) and it result is ok.
100% winning percentage and 170.64% net profit margin
This strategy is achieved by combining multiple metrics and using long-term debugging. Designed for short-term trading on the BITMEX futures platform, it responds sensitively and quickly. It can alert when a short-term trend begins to change
I made 4 different time-level metrics so that you can...
In my free time I felt like coding this strategy, and after backtesting it, it appears that the 30m time frame is the most profitable.
I only have been working on it for gold, but it should work similarly for silver as well.
This includes no pyramiding, and with pyramiding orders of 5, this strategy is upwards of 100% profitable.
Buy order - when price is above...
IMPORTANT!!! MAKE SURE "RECALCULATE AFTER ORDER FILLED" IS CHECKED. I will have it on by default in the future.
This is a continuation of my previous scripts of two MACD indicators with a Stochastic RSI indicator.
- Alternate MACD time interval
You can now set the time interval for the second MACD indicator to a different resolution...