07-19-2019, 08:12 PM
Hey.
There is an idea of strategy, but no programming experience.
Maybe someone already had such ideas or developments?
RSI Trailing Stop
interval = 14
[thresholds]
low = 30
high = 70
[Trailing]
buy = 5
sell = 5
When RSI = 30, a buy signal is sent, when the price rises by 5% (purchase = 5) of the signal price, the purchase triggers in the market.
This feature allows you to make purchases deeper than the original signal.
Example: the signal worked at the level of $ 100, but the price dropped and reached $ 90, then the purchase will be made at the price of $ 94.5 (purchase = 5).
If the price immediately went up, the purchase will cost 105 dollars. The result is a shift of + 5% from the current minimum price.
When RSI = 70, stop loss is set from the current price of -5% (sale = 5). If the price goes up, the stop loss also moves up.
Example: RSI = 70 worked for $ 130, but it grew, reached $ 150 and fell. The sale will cost $ 142.5.
Or from 130 dollars went to decline, then sales will be at 123.5 dollars.
This feature is implemented on bitfinex.
There is an idea of strategy, but no programming experience.
Maybe someone already had such ideas or developments?
RSI Trailing Stop
interval = 14
[thresholds]
low = 30
high = 70
[Trailing]
buy = 5
sell = 5
When RSI = 30, a buy signal is sent, when the price rises by 5% (purchase = 5) of the signal price, the purchase triggers in the market.
This feature allows you to make purchases deeper than the original signal.
Example: the signal worked at the level of $ 100, but the price dropped and reached $ 90, then the purchase will be made at the price of $ 94.5 (purchase = 5).
If the price immediately went up, the purchase will cost 105 dollars. The result is a shift of + 5% from the current minimum price.
When RSI = 70, stop loss is set from the current price of -5% (sale = 5). If the price goes up, the stop loss also moves up.
Example: RSI = 70 worked for $ 130, but it grew, reached $ 150 and fell. The sale will cost $ 142.5.
Or from 130 dollars went to decline, then sales will be at 123.5 dollars.
This feature is implemented on bitfinex.