RSI Centered Pivots

詳細

⋅ 2021年9月12日午後8時39分

Just a simple RSI central pivot strategy I made for a friend.
Backtested on BYBIT:BTCUSD, 155m.

DISCLAIMER: Please do your own research into anything you use before using it to trade.

リリースノート

⋅ 2021年9月12日午後8時49分

Updated backtesting with a different RSI length.

リリースノート

⋅ 2021年9月13日午前5時9分

Added alerts, simply comment out the strategy conditions, and comment back in the alert conditions and study function.

vacalo69

⋅ 2021年12月9日午後5時32分

Hi thanks so much very nice work - possible to please add possibility to turn on/off custom SL? Drawdown is a bit scary :) Thanks in advance!

liuqiba

⋅ 2021年10月11日午前9時54分

This strategy is same as keep coin all time.

OztheWoz

⋅ 2021年10月11日午後2時19分

@liuqiba, If you change the timeframe and conditions, the profit factor goes down, but it turns into more of a consistent trading bot.

DanSprin24

⋅ 2021年10月11日午前5時11分

Why do the fractals show up late on things like us30?

OztheWoz

⋅ 2021年10月11日午後2時18分

@DanSprin24, Fractals are a lagging indicator, so they take some time to form. Usually you want to use fractals in conjunction with something else to help confirm a significant fractal.

cuteCode85350

⋅ 2021年9月17日午前7時23分

Thanks for uploading this , could you please help me to understand what is this strategy doing ?

OztheWoz

⋅ 2021年9月17日午後2時36分

@cuteCode85350, this strategy is entering into a trade when an RSI central pivot of 2 bars in either direction is confirmed (look up ‘RSI’ and ‘fractals’ to learn more). Then it is selling when your reach the overbought condition of RSI (which is rsi >= 80).

Simply: buy on RSI fractal, sell on RSI overbought.

cuteCode85350

⋅ 2021年9月18日午前4時3分

@OztheWoz, Thank you very much for the explanation , this is very good strategy . I noticed that script is not using fractdn.

OztheWoz

⋅ 2021年9月18日午前4時58分

@cuteCode85350, That is correct. This is because the strategy I have set up is long only based on the above coniditions.

詳細