XMR RSI Short Strategy [3Commas] by 3Commas
By 3Commas
Performance Metrics
- Author: 3Commas
- Symbol: BYBIT:XMRUSDT.P
- Timeframe: 5 minutes
- Win Rate: 85.7%
- Profit Factor: 2.013
Description
XMR RSI Short Strategy [3Commas]🔷 What it does:A short-only, momentum-fade DCA system for Monero. The deal arms the moment a fast push higher exhausts itself: the 5-minute RSI(9) must cross back DOWN through the 80 line. From that base short, up to three averaging orders stack at +1%, +2%, and +3% above entry (equal size), so a continued push higher simply improves the average. The position is then released on a 1.3% Take Profit from the average with a 0.3% trailing lock, while a hard 8% Stop Loss defines the worst case in advance. - One base short plus a 3-rung uniform averaging ladder placed above entry. - Entry only on the RSI rollover (cross down through 80) — not on a static overbought reading. - Take Profit at −1.3% from average with a 0.3% trailing retrace to extend winners. - Hard 8% Stop Loss — a real, bounded per-trade risk rather than an open-ended martingale. - Every base fill, averaging order, and exit emits a webhook-ready JSON payload for a DCA Bot.🔷 Who is it for: - Intraday traders who like to fade blow-off spikes on XMR on lower timeframes. - Bot operators wiring TradingView alerts straight into a DCA Bot via per-event JSON. - Traders who want averaging with a stop attached, not a stopless grind. - Portfolio builders adding a high-win-rate short-side sleeve with capped risk.🔷 How does it work: Entry Trigger: A 5-minute RSI(9) is pulled with request.security and lookahead disabled (no repaint). The short fires when that RSI was ≥ 80 on the prior 5m close and drops below it on the current close — the overbought-to-neutral rollover. Base Order: 500 USDT default (5% of 10k capital), placed Limit at the signal bar's close (a Market toggle is available). Averaging Ladder (uniform): Three safety orders sit at fixed +1% / +2% / +3% above the base, each 250 USDT (half the base). They average the short up if price keeps climbing, shrinking the bounce needed to reach target. Exit (TP + Trailing): Once price reaches 1.3% below the running average, a trailing exit arms; the strategy then tracks the in-favor low and closes on a 0.3% retrace off it. Stop Loss: A hard 8% stop above the average closes the deal at market if the short keeps running against the position.🔷 Why it's unique: - Rollover, Not Just Overbought: Firing on the RSI cross-down through 80 skips trades that ignite while momentum is still rising — it waits for the turn. - Stop-Bounded Averaging: A compact 3-rung ladder plus an explicit 8% stop keeps the worst-case loss known up front, unlike classic stopless martingale shorts. - Trailing Profit Lock: The 1.3% target arms a 0.3% trail, banking the snap-back while still letting an extended drop run. - Plug-and-Play Webhooks: Base, each AO, and the exit each emit a complete JSON alert; one "Any alert() function call" alert drives a DCA Bot end-to-end.🔷 Considerations Before Using the Strategy: Sample Size: The backtest produced 238 closed trades — well above the ~100-trade floor commonly used for statistical relevance. The 85.71% win rate and 2.013 profit factor still reflect a single test window, so treat them as indicative and broaden the test (longer period or more assets) before sizing up. Lower-Timeframe Sensitivity: Tested on 5m with a 5m RSI trigger. Fast timeframes mean more signals and more fee/slippage drag — verify both fit your venue. Stop Loss Discipline: The 8% stop is the core risk control. Base + three AOs deploy at most ~1,250 USDT (12.5% of equity); an 8% stop on that caps the worst case near ~1% of equity. Keep the stop on — without it this becomes an unbounded short. Trend Risk: Fading strength suits ranges and choppy tape. In a relentless uptrend the short can be stopped out repeatedly; the rollover trigger reduces, but does not remove, that risk. Commission Calibration: Default commission is 0.06% (Bybit perpetual taker). Align it with your venue's real fees — on a high-frequency short this materially moves the result.🔷 STRATEGY PROPERTIES Symbol: BYBIT:XMRUSDT.P (Perpetual) — portable to any XMR / USDT pair. Timeframe: 5M chart (5M RSI trigger). Test Period: January 26, 2026 — June 20, 2026 (~4.8 months). Initial Capital: 10,000 USDT. Order Size: 500 USDT base (5%) + 3 averaging orders of 250 USDT each (uniform). Max Capital Deployed: ~1,250 USDT per trade (~12.5% of equity). Commission: 0.06% per trade. Slippage: 3 ticks. Margin for Short Positions: 100% (1× leverage, Isolated in source config). Indicator Settings: Default Configuration. Base Order: 500 USDT, Limit by default (Market toggle available). Entry Trigger: 5m RSI(9) Crossing Down 80. Averaging Orders: 3 with fixed deviations +1% / +2% / +3% above base entry; uniform 250 USDT sizing. Take Profit: 1.3% below average entry, with 0.3% trailing. Stop Loss: 8% above average entry (hard close). Strategy: Short Only.🔷 STRATEGY RESULTS ⚠️ Remember, past results do not guarantee future performance. Net Profit: +559.02 USDT (+5.59%) Max Equity Drawdown: 188.33 USDT (1.79%) Total Closed Trades: 238 Percent Profitable: 85.71% (204 / 238) Profit Factor: 2.013🔷 How to Use It: 🔸 Adjust Settings: Review the Base Order Size, the AO count/deviation/size, the RSI trigger level, the Take Profit/Trailing, and the Stop Loss. Defaults mirror the source DCA Bot configuration — recalibrate per asset and timeframe. 🔸 Results Review: Run a full-period backtest, confirm the closed-trade count is statistically meaningful, and check that drawdown and trade frequency fit your tolerance before going live. 🔸 Create alerts to trigger the DCA Bot: Add one alert on the strategy using "Any alert() function call". Paste the DCA Bot's webhook URL into the alert's Webhook field, and fill the Bot ID, Email Token, and Pair inputs. The strategy emits JSON for entry, each averaging order, and exit.🔷 INDICATOR SETTINGS Base Order Size (USDT): USDT amount opened on the initial short. Use LIMIT for Base: Toggle between Limit (default) and Market entry. Averaging Orders per Trade: Number of safety orders (default 3). First AO Size (USDT): Size of each averaging order (uniform by default). Deviation to First AO (%) / Deviation Step Multiplier: Spacing of the AO ladder above base entry. Defaults to uniform +1% steps. Order Size Multiplier: Per-rung size scaling (1.0 = uniform). RSI Timeframe / Length / Crossing Down Level: The 5m RSI(9) crossing-down trigger for the base short. Take Profit (%) / Trailing (%): TP distance below average entry and the trailing retrace that closes the position. Stop Loss (%): Hard stop above average entry. DCA Bot Webhook: Bot ID, Email Token, and Pair fields injected into every alert payload. Visualization: Toggle DCA Ladder, Avg / TP / SL plot lines, fill labels, status table. Brand Watermark: Configurable text, position, size, and transparency.👨🏻💻💭 We hope this tool helps enhance your trading. Your feedback is invaluable, so feel free to share any suggestions for improvements or new features you'd like to see implemented.__The information and publications within the 3Commas TradingView account are not meant to be and do not constitute financial, investment, trading, or other types of advice or recommendations supplied or endorsed by 3Commas and any of the parties acting on behalf of 3Commas, including its employees, contractors, ambassadors, etc.