The MultiRSI strategy is a trading strategy that uses multiple RSI (Relative Strength Index) indicators to identify buy and sell signals. Here's a breakdown of what the strategy does:
It sets a minimal return on investment (ROI) target of 0.01 (1%). It sets a stop loss level at -0.05 (-5%).
The strategy operates on 5-minute tick data.
It calculates the simple moving averages (SMA) of the input data with a time period of 5 and 200, respectively.
The strategy resamples the data to create shorter and longer timeframes, multiplied by the ticker interval. It computes the RSI for both the shorter and longer timeframes (time period = 14). The resampled dataframes are merged back into the original dataframe. The RSI is recalculated for the original dataframe. Any missing values in the dataframe are filled forward. The buy signal is generated when the following conditions are met: The 5-period SMA is greater than or equal to the 200-period SMA. The RSI is less than the RSI of the longer resampled timeframe minus 20. The sell signal is generated when the following conditions are met: The RSI is greater than the RSI of the shorter resampled timeframe. The RSI is greater than the RSI of the longer resampled timeframe. Overall, the MultiRSI strategy combines SMA and RSI indicators to identify bullish and bearish market conditions and generate buy and sell signals accordingly.
The strategy operates on 5-minute tick data.
It calculates the simple moving averages (SMA) of the input data with a time period of 5 and 200, respectively.
The strategy resamples the data to create shorter and longer timeframes, multiplied by the ticker interval. It computes the RSI for both the shorter and longer timeframes (time period = 14). The resampled dataframes are merged back into the original dataframe. The RSI is recalculated for the original dataframe. Any missing values in the dataframe are filled forward. The buy signal is generated when the following conditions are met: The 5-period SMA is greater than or equal to the 200-period SMA. The RSI is less than the RSI of the longer resampled timeframe minus 20. The sell signal is generated when the following conditions are met: The RSI is greater than the RSI of the shorter resampled timeframe. The RSI is greater than the RSI of the longer resampled timeframe. Overall, the MultiRSI strategy combines SMA and RSI indicators to identify bullish and bearish market conditions and generate buy and sell signals accordingly.
stoploss: -0.05 timeframe: 5m hash(sha256): 92a54d4e8593e0829bdf06e826a1d86806aa0877fbef8283e78c894bb0162d2f indicators: sma5 _long _short _shortrsi rsi _longrsi sma200
No similar strategies found. (based on used indicators)
last change: 2024-04-29 02:08:03