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Strategy: BBRSIOptimizedStrategy
Downloaded: 20220113
Stoploss: -0.295
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The BBRSIOptimizedStrategy is a trading strategy that uses a combination of Bollinger Bands and the Relative Strength Index (RSI) to generate buy and sell signals. Here is a breakdown of how the strategy works: The strategy is designed to be used with candlestick data on a 5-minute timeframe. It requires a minimum of 30 candles before producing valid signals.

The strategy calculates the RSI indicator using the close prices of the candles.

It also calculates two sets of Bollinger Bands: one with a standard deviation of 1 and another with a standard deviation of 3.

The buy signal is generated when the price closes below the lower Bollinger Band (3 standard deviations) and the RSI is greater than 38. The sell signal is generated when the price closes above the middle Bollinger Band (1 standard deviation) and the RSI is greater than 64. The strategy uses limit orders for both buying and selling. It has predefined values for minimal ROI (return on investment) and stop loss. The strategy does not use a trailing stop loss. It provides a plot configuration to visualize the Bollinger Bands and RSI on the chart. Overall, the strategy aims to identify potential buying opportunities when the price is relatively low (below the lower Bollinger Band) and selling opportunities when the price is relatively high (above the middle Bollinger Band), combined with RSI as a confirmation indicator.

startup_candle_count : 30
bb_midband_1sd: -0.042%
bb_lowerband_3sd: -0.024%
Unable to parse Traceback (Logfile Exceeded Limit)
stoploss: -0.295
timeframe: 5m
hash(sha256): 6665da53c36231abbe2495a3a8135044c50a5b36d5651eb547d4aab9ea2d84c0
indicators:
bb_lowerband_3sd mid lower close rsi
bb_midband_1sd

No similar strategies found. (based on used indicators)

last change: 2024-08-02 08:42:06