3 RSI 6sma/ema ribbon crypto strategy by exlux
By exlux
Performance Metrics
- Author: exlux
- Symbol: BINANCE:ETHUSDT
- Timeframe: 2 hours
- Net P&L: +78,820.86 NONE (+79,411.77%)
- Win Rate: 48.7%
- Profit Factor: 2.314
- Max Drawdown: 14,116.34 NONE (44.56%)
- Total Trades: 197
- Sharpe Ratio: 0.631
Description
This is a very efficient swing trading strategy designed for crypto long timeframes like 2h+. Initially we have 3 RSI . AFter that we use them as source for 6 SMA/EMA for each RSI, 5, 30, 50, 70, 90, 100. With those we create a ribbon that we are going to use in order to check the direction of the trend. Rules for entry: For long : if either all the SMA/EMA's from the 2nd RSI are telling us to go long, or all the all SMA/EMA's from the 3rd rsi are telling us to go long FFor short : if either all the SMA/EMA's from the 2nd RSI are telling us to go short, or all the all SMA/EMA's from the 3rd rsi are telling us to go short We exit when we get an opposite condition than the entry one. Caution: this strategy has no risk management inside, so use it with caution. If you have any questions , let me know !