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Strategy: Bb_3
Downloaded: 20220901
Stoploss: -0.2


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The "Bb" strategy is a trading strategy that uses various indicators to make entry and exit decisions. Here is a breakdown of how the strategy works: Indicators: RSI (Relative Strength Index): Calculates the RSI value based on a 14-period time frame. EMA (Exponential Moving Average): Calculates three EMAs with different time periods: 9, 20, and 200.

Bollinger Bands: Calculates the middle band, upper band, and lower band based on the typical price.

Entry Conditions: The strategy identifies a potential entry point when the following conditions are met: The closing price is above the middle band but below the upper band of the Bollinger Bands.

The closing price is above the 9-day EMA and the 200-day EMA. The 20-day EMA is above the 200-day EMA. Exit Conditions: The strategy triggers an exit signal when either of the following conditions is met: The RSI value exceeds 75. The closing price drops below 97% of the middle band of the Bollinger Bands, and the current bar is a red bar (open price is higher than the closing price). Risk Management: Minimal ROI (Return on Investment): The strategy sets a minimum ROI of 20%. Stop Loss: A stop loss of 0.2 (20%) is implemented. Trailing Stop: A trailing stop is enabled with a positive offset of 5% and an additional offset of 15% once the positive offset is reached. Other Settings: Ticker Interval: The strategy operates on hourly candlestick data (1-hour interval). Experimental Settings: The strategy enables the use of an exit signal and does not ignore the ROI if an entry signal is present. Order Types: Market orders are used for entry and exit, while a limit order is used for the stop loss. The stop loss is placed on the exchange. This strategy aims to identify potential buying opportunities when the price is in an upward trend, as indicated by the position of the price relative to the Bollinger Bands and the EMAs. It also incorporates risk management measures, such as stop loss and trailing stop, to limit potential losses and protect profits. The exit conditions help to capture gains and prevent losses in overbought conditions or when the price deviates significantly from the middle band of the Bollinger Bands.

stoploss: -0.2
timeframe: 1h
hash(sha256): 45b7990547f6394406800552a102df9f2fa8aac91dc66014bce04cf36a0d6b85
indicators:
upper mid ema20 bb_middleband rsi
close bb_upperband open ema9 ema200

No similar strategies found. (based on used indicators)

last change: 2023-06-28 06:25:29