BCH RSI Strategy [3Commas] by 3Commas
By 3Commas
Performance Metrics
- Author: 3Commas
- Symbol: BINANCE:BCHUSDT
- Timeframe: 15 minutes
- Win Rate: 87.8%
- Profit Factor: 2.821
Description
BCH RSI Strategy [3Commas]🔷 What it does:A short-only, momentum-fade DCA system for Bitcoin Cash. The deal arms the moment a fast push higher exhausts itself: the RSI(9) — sampled on the 5-minute timeframe — must cross back DOWN through 80. The strategy itself runs on the 15-minute chart, which acts as the execution/confirmation layer: signals are evaluated and orders fire at 15m bar close, while the trigger reads the lower-timeframe RSI. From the base short, up to three averaging orders stack at +1%, +2%, and +3% above entry (equal size). The position closes on a 1.3% Take Profit from the average with a 0.3% trailing lock, and a hard 8% Stop Loss caps the downside. - RSI trigger on 5m; strategy executed on the 15m chart (higher timeframe = confirmation). - One base short plus a 3-rung uniform averaging ladder placed above entry. - 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 fade overbought spikes on BCH with a multi-timeframe filter. - 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: Timeframe Setup: Add the strategy to a 15-minute chart. The RSI is pulled from the 5-minute timeframe via request.security with lookahead disabled (no repaint). So the entry signal is driven by 5m RSI dynamics, while the execution clock — when entries, averaging orders, and exits are evaluated — is the 15m bar close. The higher 15m timeframe therefore acts as a confirmation/execution layer over the faster 5m trigger. Entry Trigger: The base short opens when the 5m RSI(9) was ≥ 80 on its prior close and drops below it — 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: - Multi-Timeframe Filter: A 5m RSI rollover trigger executed on the 15m chart blends a fast signal with a slower execution cadence — the 15m close acts as a confirmation gate that reduces reaction to 5m noise. - 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 131 closed trades — above the ~100-trade floor commonly used for statistical relevance. The 87.79% win rate and 2.821 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. Timeframe Pairing: This setup samples a LOWER timeframe (5m) than the chart it runs on (15m). The strategy only acts at 15m closes, so some intra-15m 5m crosses are effectively filtered — that is the intended "confirmation" behavior. If you change the chart timeframe, the signal cadence changes; keep the chart on 15m to reproduce these results. Stop Loss Discipline: The 8% Stop Loss is the defining risk control. With the base plus three averaging orders, maximum deployed capital is ~1,250 USDT (12.5% of default equity); an 8% stop on that bounds the worst-case loss to roughly 1% of equity. Keep the stop enabled. Trend Risk: Fading overbought conditions works best in ranges and choppy regimes. In a strong, sustained uptrend the short can hit the 8% stop repeatedly. The RSI-crossing-down trigger reduces but does not eliminate this. Commission Calibration: The default 0.06% commission is calibrated for Bybit perpetual taker conditions. Match it to your venue's actual fees.🔷 STRATEGY PROPERTIES Symbol: BYBIT:BCHUSDT.P (Perpetual) — portable to any BCH / USDT pair. Timeframe: 15M chart, with the RSI trigger sampled from 5M (higher timeframe acts as confirmation). Test Period: May 1, 2025 — June 23, 2026 (~13.7 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 (evaluated on the 15m chart). 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: +462.89 USDT (+4.63%) Max Equity Drawdown: 173.62 USDT (1.73%) Total Closed Trades: 131 Percent Profitable: 87.79% (115 / 131) Profit Factor: 2.821🔷 How to Use It: 🔸 Add the strategy to a 15-minute BCH / USDT chart (the RSI input stays on 5m — this is the intended pairing). 🔸 Adjust Settings: Review the Base Order Size, the AO count/deviation/size, the RSI trigger level/timeframe, the Take Profit/Trailing, and the Stop Loss. Defaults mirror the source DCA Bot configuration. 🔸 Results Review: 131 closed trades clears the ~100-trade floor; still validate across a longer window or more assets, and confirm 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 RSI(9) crossing-down trigger — default 5m, run on the 15m chart. 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.