This strategy combines the best of both indicators (Supertrend & RSI). As we know, Supertrend is excellent at finding changes in the market trend and thus finding the best entries, however in my opinion it has a great weakness and it is that it does not know how to find the best exit point. For this reason I decided to combine it with the RSI that we know...
The original indicator is Noro's BottomSensivity v0.6 I simply turned noro's bottom sensibility 6.0 indicator, which I consider a great tool to find market bottom, into a strategy. I also added an additional RSI filter with inputs that can be set by the user for entry and exit from the market. I have tried to insert an alarm so that I can be notified when this...
Started to play with very simple strategies. Trying to find ones with optimal parameters which work well for certain symbols/timeframe. Found that basic RSI strategy without any position management with high RSI length (65 in this script) works pretty good for 1m chart for few stocks. It's also not bad for AAPL , SPY . It might not work very good on it's not...
Trying to find simple strategies with optimal parameters which work well for certain symbols/timeframe. Found that basic RSI strategy without any position management works pretty good for 1m chart for BTCUSDT. It might not work very good on it's not but can give you a pretty good base for more complicated indicators. Also, some position management as simple as...
Really nice performance of Simple RSI Strategy for LTCUSDT ( Binance ) 5m chart. Params: RSI Length: 3, RSI OverSold level: 47, RSI OverBought Level: 56 Performance: 391% profit, 2400 trades, 42% prof, 14.6% dd , 0.65 sharpe. I think this strategy can be a really nice base for a pretty good strategy. We have quite a lot of trades here you can add additional...
Really good performance of Simple RSI Strategy for Nike (NKE) 5m chart. Params: RSI Length: 30, RSI OverSold level: 45, RSI OverBought Level: 60 Performance:57% profit, 112 trades, 73% prof, 6.7% dd, 1.36 sharpe. And remember: Past performance does not guarantee future results.