The StrategyDoubleScalper is a trading strategy designed for backtesting purposes on a trading website. It aims to identify buying opportunities based on various technical indicators. Key Features:
Timeframe: The strategy operates on a 1-minute timeframe for analyzing price data.
Candle Count: The strategy requires at least 14 candles before generating valid signals.
ROI and Stop Loss: The strategy sets a minimal return on investment (ROI) target of 4.4% and a stop loss of -3%.
Trailing Stop: The strategy does not use a trailing stop feature. Buy Parameters: The strategy uses several parameters to identify buying opportunities, including overbought and oversold conditions for the main and support timeframes, as well as the relative strength index (RSI). Indicator Calculation: The strategy calculates the RSI for both the main and support timeframes using the respective price data. These indicators are used to assess the overbought and oversold conditions in the market. Buy Signal: The strategy generates a buy signal when the following conditions are met: Volume is greater than 0. The closing price is higher than a minimum coin price. The main RSI is higher than the specified oversold threshold. The support RSI is higher than the specified overbought threshold. Sell Signal: The strategy does not provide any specific sell conditions, leaving the selling decision open-ended. Note: The code provided is incomplete, and some sections are commented out. Additional implementation details or context might be necessary to fully understand the strategy.
Candle Count: The strategy requires at least 14 candles before generating valid signals.
ROI and Stop Loss: The strategy sets a minimal return on investment (ROI) target of 4.4% and a stop loss of -3%.
Trailing Stop: The strategy does not use a trailing stop feature. Buy Parameters: The strategy uses several parameters to identify buying opportunities, including overbought and oversold conditions for the main and support timeframes, as well as the relative strength index (RSI). Indicator Calculation: The strategy calculates the RSI for both the main and support timeframes using the respective price data. These indicators are used to assess the overbought and oversold conditions in the market. Buy Signal: The strategy generates a buy signal when the following conditions are met: Volume is greater than 0. The closing price is higher than a minimum coin price. The main RSI is higher than the specified oversold threshold. The support RSI is higher than the specified overbought threshold. Sell Signal: The strategy does not provide any specific sell conditions, leaving the selling decision open-ended. Note: The code provided is incomplete, and some sections are commented out. Additional implementation details or context might be necessary to fully understand the strategy.
stoploss: -0.03 timeframe: 1m hash(sha256): ff82090717c9dbd60b310e82175551c51b1256da9c3a11a48f75ddf279cd1314 indicators: volume support_rsi_timeperiod close main_rsi_timeperiod main_rsi support_rsi
No similar strategies found. (based on used indicators)
last change: 2024-04-28 08:59:03