RSI Momentum Strategy by koval4788
By koval4788
Performance Metrics
- Author: koval4788
- Symbol: BINANCE:HYPEUSDT.P
- Timeframe: 1 minute
- Net P&L: +78.00 USD (+15.60%)
- Win Rate: 81.6%
- Profit Factor: 5.32
- Max Drawdown: 14.07 USD (2.62%)
- Total Trades: 38
Description
https://www.tradingview.com/x/JocM5lh9/ HYPEUSDT.P 📌 RSI Momentum Strategy • ProfessionalRSI Momentum Strategy is an algorithmic trading strategy based on a momentum pullback concept using the Relative Strength Index (RSI).The strategy is built around a state-machine logic, which allows it to wait for market exhaustion and enter trades only after momentum confirmation instead of reacting to raw RSI crossings.⚙ Core Logic🔹 LONG SetupRSI enters the oversold zoneRSI starts rising (momentum shift)RSI pulls back upward by a defined amount (RSI Move Back)A LONG position is opened🔹 SHORT SetupRSI enters the overbought zoneRSI starts fallingRSI pulls back downward by a defined amountA SHORT position is opened🔎 Optional Filters✅ ADX filter (trend or range mode)✅ EMA trend filter✅ Session time filter✅ Backtest date range filterAll filters can be enabled or disabled independently.🛡 Risk ManagementStop Loss:Fixed percentageor ATR-based dynamic stopTake Profit:Deviation-based target from entry price🎯 Current PresetThis published version includes a preset optimized for:HYPE / USDTTimeframe: 1 minute (1m)The parameters are tuned for intraday scalping with frequent signals and fast exits.⚠ DisclaimerThis strategy is provided for educational and research purposes only.It is not financial advice. Always test on demo or with small capital before live trading.