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+--- Thread: Basic questions (/thread-28831.html)
Basic questions - TraverseTheVoid - 03-06-2018
Hi guys!
I have some questions!
I have tried using RSI.
I got a profit of 9% but I lost the settings. Is there a way to save the settings within Gekko?
Also, how does the bot know when to buy and sell?
For RSI
interval = 14 What does this mean?
[thresholds]
low = 30 and this?
high = 70 and this?
persistence = 1 and this?
for MACD
short = 10
long = 21
signal = 9
[thresholds]
down = -0.025
up = 0.025
persistence = 1
What do all of those stats mean?
Is there somewhere I can read about them? I want to understand what each stat means. Right now I am just plugging in random numbers hoping to hit something. I do get trades though. Sometimes I get trades where it enters and leaves at the same price or it doesn't trade at all and shows a profit of zero. I should point out that I am not live trading but just back testing. I tried papertrading but I wasn't getting any trades.
Also, I found the settings for RSI... So that makes me happy.
Thanks in advance for any help the community gives!