[SHARE] Simple RSI BULL/BEAR strategy
I have. I ran it for about a month in July and August. It is too frustrating a strat because the win rate is low. It usually does something like this.

1st roundtrip: -2% loss
2nd roundtrip: -3% loss
3rd roundtrip: -1% loss
4th roundtrip: 8% profit
5th roundtrip: 2% loss

I still believe it has potential, but you literally can't look at the results as there are way more losses than wins. It also needs the following adjustments:
-Buy only when RSI is going up, not just hitting a set number (often it buys when RSI is going down)
-Buy only when a candle hits a certain volume (I think someone else suggested that earlier)

I'm working on other stuff now, but I will eventually add those to the strat and see how it works. They are not that hard to implement, anyone who modded a strat previously should be able to do it.
If it isn't crypto, it isn't worth mining, it isn't worth speculating.

Messages In This Thread
Werkkrew Stoploss - by susitronix - 02-02-2018, 09:39 PM
Removed post - by susitronix - 02-03-2018, 06:49 PM
@Gryphon Confirmation - by mvangoor - 03-22-2019, 11:59 PM
for 3 months - by ankasem - 02-18-2018, 05:30 PM
RE: [SHARE] Simple RSI BULL/BEAR strategy - by crypto49er - 09-07-2018, 02:50 PM

Forum Jump:

Users browsing this thread: