RSI Strategy by TradingAmmo
By TradingAmmo
Performance Metrics
- Author: TradingAmmo
- Symbol: BINANCE:BTCUSDT
- Timeframe: 4 hours
- Net P&L: +86,730.47 USD (+867.30%)
- Win Rate: 38.5%
- Profit Factor: 2.066
- Max Drawdown: 21,072.38 USD (25.08%)
- Total Trades: 78
- Sharpe Ratio: 0.298
Description
Nov 19, 2021Simple way how to use RSI and MA indicators for trading. What we use: • RSI • SMA calculated by RSI (title: SMA_RSI) • Delta of RSI and SMA_RSI (title: delta) • SMA calculated by delta of RSI and SMA & RSI (title: SMA_RSI2) Logic: Upon the fact that we use the difference between two indicators that have similar values ( RSI and SMA_RSI), we get number around zero. Next, result is smoothed by calculated the SMA . This is the blue/purple line that appears on the chart - SMA_RSI2.The trade open when SMA_RSI2 cross over the threshold. The trade close when SMA_RSI2 cross under the threshold below.Also, the usual EMA 200 is used as a filter, which you can switch on or switch off. Jun 8, 2023Release NotesAdditional plots added