Crypto swing correlation RSI and SMA — Strategy by exlux
By exlux
Performance Metrics
- Author: exlux
- Symbol: BINANCE:ETHUSDT
- Timeframe: 1 hour
- Net P&L: +304.87 NONE (+30,906.86%)
- Win Rate: 37.7%
- Profit Factor: 2.134
- Max Drawdown: 18.42 NONE (33.52%)
- Total Trades: 485
- Sharpe Ratio: 0.856
Description
This is a crypto swing strategy, designed for long term periods and correlated pairs with crypto market total(or other coins used as correlation, however I recommend total of crypto or btc)Its components are:RSI with a very lengthCorrelation candlesSMA 9Rules for entry:For long : RSI is above 51 level and going higher and close of the candle is above the SMAFor short :RSI is below 49 and going lower and close of the candle is below the SMARules for exit:We exit when we encountered an opposite condition than the entry one, or based on take profit/stop loss levels.If you have any questions let me know !