02-01-2019, 11:41 AM
(01-12-2019, 10:41 PM)mark.sch Wrote: I am glad it works for you. Did some tests in the past with volume based indicators also, but they did not outperform a traditional indicator like RSI during my tests.
E.g. taking T5mainasync strat, on whole year 2018 it makes a profit of +164%, ETHEUR: https://cloud.think5.de/gekko/backtests/...81231.html
With a direct RSI to MFI indicator replacement, the profits get lower using this strategy. Maybe you can get better results with MFI and new, adjusted tresholds.
RSI is kinda manupliated . thats why i dont depend on it as major indicator but sometimes i use it as a confirmation with others . i found that mfi with other indicators give stable steady results and yes it could be lower profits than RSI in some cases but it give low losing trades