RSI Mean Reversion Strategy by Marianne9
By Marianne9
Performance Metrics
- Author: Marianne9
- Symbol: BINANCE:BTCPERP
- Timeframe: 30 minutes
- Net P&L: +724,186.03 USD (+729.74%)
- Win Rate: 58.8%
- Profit Factor: 1.232
- Max Drawdown: 225,989.39 USD (27.72%)
- Total Trades: 879
- Sharpe Ratio: 0.82
Description
Aug 1, 2022This is a scalping strategy designed to be used for crypto trading. It uses an Exponential Moving Average with a default length of 100 in order to identify the trend of the market. If the price is trading above 100, it will only take long trades, and vice versa for shorts. It places long orders when the RSI value closes below 40, and the price is also above the 100 EMA. It places short orders when the RSI value is above 60, and the price is below the 100 EMA. *Note: for custom alert messages to be read, "{{strategy.order.alert_message}}" must be placed into the alert dialogue box when the alert is set.Aug 25, 2022Release NotesAdded additional input settings.