RSI %b Signal [H1 Backtesting] — Strategy by inno14
By inno14
Performance Metrics
- Author: inno14
- Symbol: BINANCE:BTCUSDT
- Timeframe: 1 hour
- Net P&L: +96,125.93 NONE (+95.27%)
- Win Rate: 62.5%
- Profit Factor: 1.994
- Max Drawdown: 12,829.62 NONE (10.10%)
- Total Trades: 128
- Sharpe Ratio: 0.887
Description
-----------------------------------------------------------------This simple strategy base on RSI, EMA, Bollinger Bands to get Buy and Sell Signal with detail as below:-----------------------------------------------------------------1.Define Oscillator Line+ Oscillator Line is smoothed by ema(28) of RSI(14) on H1 Timeframe2.Define Overbought and Oversold+ Apply Bollinger Bands BB(80,3) on Oscillator Line and calculate %b+ Overbought Zone marked above level 0.8+ Oversold Zone marked below level 0.23.Buy Signal+ Entry Long Position when %b crossover Point of Entry Long+ Deafault Point of Entry Long is 0.2+ Buy signal marked by Green dot4.Sell Signal+ Entry Short Position when %b crossunder Point of Entry Short+ Deafault Point of Entry Short is 0.8+ Sell signal marked by Red dot5.Exit Signal+ Exit Position (both Long and Short) when %b go into Overbought Zone or Oversold Zone+ Exit signal marked by Yellow dot-----------------------------------------------------------------