MACD + BB + RSI Strategy [Alorse] by alorse
By alorse
Performance Metrics
- Author: alorse
- Symbol: BINANCE:BTCUSDT
- Timeframe: 1 hour
- Net P&L: +194.61 USD (+19.35%)
- Win Rate: 75.0%
- Profit Factor: 1.749
- Max Drawdown: 89.92 USD (7.91%)
- Total Trades: 60
- Sharpe Ratio: 0.3
Description
A very simple and highly effective strategy that combines 3 famous indicators: MACD Bollinger Bands RSIEntry conditions are: The MACD line crosses over the signal line. RSI less than 50 Price below the BB baselineExit conditions are: RSI greater than 70 Closing price higher than the upper BBOr when the price hits the Stop Loss defined by you (Feature).