ADX + RSI Strat — Strategy by tweakerID
By tweakerID
Performance Metrics
- Author: tweakerID
- Symbol: BINANCE:BTCUSDT
- Timeframe: 15 minutes
- Net P&L: +143.22 NONE (+142.45%)
- Win Rate: 52.0%
- Profit Factor: 2.076
- Max Drawdown: 20.03 NONE (12.29%)
- Total Trades: 75
- Sharpe Ratio: 1.158
Description
Jul 14, 2021// This is a strategy that uses the 7 Period RSI to buy when the indicator is shown as oversold (OS) and sells when // the index marks overbought (OB). It also uses the ADX to determine whether the trend is ranging or trending// and filters out the trending trades. Seems to work better for automated trading when the logic is inversed (buying OB // and selling the OS) wihout stop loss.Jul 14, 2021Release NotesAdded an input to close the trades when the ADX is above certain levelJul 14, 2021Release NotesFixed minor detailsJul 14, 2021Release NotesAdded RSI to the chartJul 15, 2021Release NotesChanged Initial Capital amount and some levels