Uh Oh i Its candy day !!!, found a small typo bug in 6B, so I released 6C !!
And because its candy day it has a new rule as well !
Oh well had it in the back of my mind for a while, and wanted to see how you people might make use of it.
Its in the Toml under RSISafety.
RSI safety is intended to get out earlier before (a deep downhill fall happens).
Idealy negative Downhills are to be avoided (but some will happen, there will be times of losses as well).
A simple typical RSI trader would for example sell based upon RSI >70% (thats 0.7 in the toml).
This new RSISafety is a short protection, and will sell if RSISHort > 0.xx
However it will not trigger if the current candle is below the price we bought the last time.
Thus theoretically it should be possitive, but there is always the uncertanty of the future..)
only the DownHill rule will sell (by a statical predicted next candle) below the bought price, intended to minimize loozes.
The way the Magica rule works, made it also buying on flat side trend markets (often falling low later).
I was quite a while looking for a way around it, Magica is still the same rule
But it has extended logica now, it will not buy based upon the toml tresholt RSIWait, if RSI is higher no buy is done.
for example if you want it to act on < 50% (then RSIWait = 0.5 in the toml) Magica wont buy, if the rsi is value above RSIWait (buy protection).
RSIcandles is just the standard over how many candles RSI is calculated.
RSI traders often use values as 20% or 50%, 70% or so, but I do not use soley RSI to trade, i use it for protection only.
So now the Magica rule has some protection of the RSI indicator (besides its other complex logica) (dont about the other logic that answer is in the code).
The provided TOML for 6C is not at all optimal, and I await you people's results.
The TOML is just what i used in debugging and validating the code and math.
Ideally HighShot and RSIShort might together scalp short small waves, resulting in a Magica buy next
I do realize its not a simple strategy with a few TOML variables, sorry for that.
Please also understand that logic improvements require your testing results to be posted here as well.
Note if RSIShort sell does not workout (there is a chance for that, set it to 2 or so), (might inflict with highshot wrongly also). i'm awaiting your results
Also RSIWait can be set to 2 to disable it (so you can first fine tune al other settings before you tryout that RSI protection).
And because its candy day it has a new rule as well !
Oh well had it in the back of my mind for a while, and wanted to see how you people might make use of it.
Its in the Toml under RSISafety.
RSI safety is intended to get out earlier before (a deep downhill fall happens).
Idealy negative Downhills are to be avoided (but some will happen, there will be times of losses as well).
A simple typical RSI trader would for example sell based upon RSI >70% (thats 0.7 in the toml).
This new RSISafety is a short protection, and will sell if RSISHort > 0.xx
However it will not trigger if the current candle is below the price we bought the last time.
Thus theoretically it should be possitive, but there is always the uncertanty of the future..)
only the DownHill rule will sell (by a statical predicted next candle) below the bought price, intended to minimize loozes.
The way the Magica rule works, made it also buying on flat side trend markets (often falling low later).
I was quite a while looking for a way around it, Magica is still the same rule
But it has extended logica now, it will not buy based upon the toml tresholt RSIWait, if RSI is higher no buy is done.
for example if you want it to act on < 50% (then RSIWait = 0.5 in the toml) Magica wont buy, if the rsi is value above RSIWait (buy protection).
RSIcandles is just the standard over how many candles RSI is calculated.
RSI traders often use values as 20% or 50%, 70% or so, but I do not use soley RSI to trade, i use it for protection only.
So now the Magica rule has some protection of the RSI indicator (besides its other complex logica) (dont about the other logic that answer is in the code).
The provided TOML for 6C is not at all optimal, and I await you people's results.
The TOML is just what i used in debugging and validating the code and math.
Ideally HighShot and RSIShort might together scalp short small waves, resulting in a Magica buy next
I do realize its not a simple strategy with a few TOML variables, sorry for that.
Please also understand that logic improvements require your testing results to be posted here as well.
Note if RSIShort sell does not workout (there is a chance for that, set it to 2 or so), (might inflict with highshot wrongly also). i'm awaiting your results
Also RSIWait can be set to 2 to disable it (so you can first fine tune al other settings before you tryout that RSI protection).
[....Resistance is futile...]