The DNSTrader strategy is a trading strategy that aims to identify and take advantage of bullish market conditions. Here's a short description of what the strategy does:
The strategy uses candlestick data to identify bullish engulfing patterns and determines the closest bull zone based on the previous range. It calculates the relative strength index (RSI) for the given timeframe and analyzes the percentage change in RSI over the next four candles.
The strategy looks for specific criteria to open a position: If there is a bullish engulfing pattern and the current close price is lower than the identified bull zone, and the distance between the close price and the bull zone is within a specific limit, a buy signal is generated.
Once a position is open, the strategy monitors the current close price.
If the close price falls below the last identified bull zone, a sell signal is generated, and the position is closed. The strategy provides additional functionality to generate buy and sell messages for notifications. Please note that this is a simplified explanation of the strategy, and there may be additional intricacies and details in the code implementation.
The strategy looks for specific criteria to open a position: If there is a bullish engulfing pattern and the current close price is lower than the identified bull zone, and the distance between the close price and the bull zone is within a specific limit, a buy signal is generated.
Once a position is open, the strategy monitors the current close price.
If the close price falls below the last identified bull zone, a sell signal is generated, and the position is closed. The strategy provides additional functionality to generate buy and sell messages for notifications. Please note that this is a simplified explanation of the strategy, and there may be additional intricacies and details in the code implementation.
stoploss: -0.99 timeframe: 1m hash(sha256): aaab4aa26338d273e95531692c0494b621188527a33992b678eb24de7bc0b4a9 indicators: green_line next_4_candles_rsi_change altcoins_restart_alert_percentage buy_criteria sell_criteria red_line min_low_to_end altcoins_alert_percentage btc_eth_alert_percentage btc_eth_restart_alert_percentage
No similar strategies found. (based on used indicators)
last change: 2024-04-28 22:57:27