Hello. This strategy is based on go_up alerts.
Our task is to find the local minimum. The trade is entered on the basis of RSI and SMA according to a specific formula, which is embedded in the code. When the RSI crosses the SMA upside down, a long position is entered. You can change the length of the RSI . The longer the length, the less frequent, but more accurate the entrance, and vice versa. You can use a different time frame.
The settings have:
1) RSI length, the lower the length, the more often the entry.
2) Testing results for any period of time
3) Take profit for any percentage
4) Stop order for any percentage
5) If there is a check mark ✅, then purchases will always be made, and if not, then purchases will be made, BUT, if the next payback is lower than the previous one, it does not matter by what percentage.
6) If there is a check mark ✅, then each trace of the purchase will be made provided that it is lower by the percentage specified, even if the conditions of the purchase are triggered.
7) The filled area is made for visual display of consolidation zones
Default settings:
RSI length 15, step 1.5, take profit 15, stop order 30.
Also in the settings there is a pyramid of the order, keep this in mind. Enter a deal for a small part of the deposit, and not for all the money at once! You can remove pyramiding and see the results with one entry.
For a more visual understanding, overlay the go_up script.
You can choose a strategy for yourself based on history! If you need examples of strategies, then write to me, my contacts are in the column: instructions from the author.
Successful trades, dear friends, I am glad that you trust me!