The BBRSI2 strategy is a trading strategy that uses a combination of Bollinger Bands (BB) and Relative Strength Index (RSI) indicators to generate buy and sell signals. Here's a breakdown of how the strategy works:
Indicators:
RSI: Calculates the RSI indicator using a time period of 14. Bollinger Bands: Computes the Bollinger Bands indicator using a window size of 20 and standard deviation of 2.
It generates three bands: lower, middle, and upper.
Buy Signal: The strategy generates a buy signal when the following conditions are met: RSI value is greater than 35.
The closing price is lower than the lower Bollinger Band. Sell Signal: The strategy generates a sell signal when the following conditions are met: RSI value is greater than 75. The closing price is higher than the middle Bollinger Band. Risk Management: Minimal ROI (Return on Investment): Defines the minimum expected return on investment for each time period. It provides target sell points for profitable trades. Stop Loss: Sets a fixed stop loss level at -20% to limit potential losses. Timeframe: The strategy operates on 1-minute candlestick data. Trailing Stop: Enables trailing stop functionality to protect profits by adjusting the stop-loss level as the price moves favorably. Order Types: Specifies the order types for different scenarios, such as buy, sell, emergency sell, force buy, force sell, and stop loss. It also allows for placing stop loss orders on the exchange. Overall, the BBRSI2 strategy aims to identify potential buying opportunities when the price is near the lower Bollinger Band and the RSI indicates oversold conditions. It seeks to sell when the price is near the middle Bollinger Band and the RSI indicates overbought conditions. The strategy incorporates risk management measures, including a stop loss and minimal ROI targets, to manage risk and optimize returns.
It generates three bands: lower, middle, and upper.
Buy Signal: The strategy generates a buy signal when the following conditions are met: RSI value is greater than 35.
The closing price is lower than the lower Bollinger Band. Sell Signal: The strategy generates a sell signal when the following conditions are met: RSI value is greater than 75. The closing price is higher than the middle Bollinger Band. Risk Management: Minimal ROI (Return on Investment): Defines the minimum expected return on investment for each time period. It provides target sell points for profitable trades. Stop Loss: Sets a fixed stop loss level at -20% to limit potential losses. Timeframe: The strategy operates on 1-minute candlestick data. Trailing Stop: Enables trailing stop functionality to protect profits by adjusting the stop-loss level as the price moves favorably. Order Types: Specifies the order types for different scenarios, such as buy, sell, emergency sell, force buy, force sell, and stop loss. It also allows for placing stop loss orders on the exchange. Overall, the BBRSI2 strategy aims to identify potential buying opportunities when the price is near the lower Bollinger Band and the RSI indicates oversold conditions. It seeks to sell when the price is near the middle Bollinger Band and the RSI indicates overbought conditions. The strategy incorporates risk management measures, including a stop loss and minimal ROI targets, to manage risk and optimize returns.
Traceback (most recent call last): File "/home/ftuser/.local/lib/python3.11/site-packages/urllib3/connection.py", line 203, in _new_conn sock = connection.create_connection( ^^^^^^^^^^^^^^^^^^^^^^^^^^^^^ File "/home/ftuser/.local/lib/python3.11/site-packages/urllib3/util/connection.py", line 60, in create_connection for res in socket.getaddrinfo(host, port, family, socket.SOCK_STREAM): ^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^ File "/usr/local/lib/python3.11/socket.py", line 962, in getaddrinfo for res in _socket.getaddrinfo(host, port, family, type, proto, flags): ^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^ socket.gaierror: [Errno -2] Name or service not known The above exception was the direct cause of the following exception: Traceback (most recent call last): File "/home/ftuser/.local/lib/python3.11/site-packages/urllib3/connectionpool.py", line 790, in urlopen response = self._make_request( ^^^^^^^^^^^^^^^^^^^ File "/home/ftuser/.local/lib/python3.11/site-packages/urllib3/connectionpool.py", line 491, in _make_request raise new_e File "/home/ftuser/.local/lib/python3.11/site-packages/urllib3/connectionpool.py", line 467, in _make_request self._validate_conn(conn) File "/home/ftuser/.local/lib/python3.11/site-packages/urllib3/connectionpool.py", line 1092, in _validate_conn conn.connect() File "/home/ftuser/.local/lib/python3.11/site-packages/urllib3/connection.py", line 611, in connect self.sock = sock = self._new_conn() ^^^^^^^^^^^^^^^^ File "/home/ftuser/.local/lib/python3.11/site-packages/urllib3/connection.py", line 210, in _new_conn raise NameResolutionError(self.host, self, e) from e urllib3.exceptions.NameResolutionError:: Failed to resolve 'fapi.binance.com' ([Errno -2] Name or service not known) The above exception was the direct cause of the following exception: Traceback (most recent call last): File "/home/ftuser/.local/lib/python3.11/site-packages/requests/adapters.py", line 486, in send resp = conn.urlopen( ^^^^^^^^^^^^^ File "/home/ftuser/.local/lib/python3.11/site-packages/urllib3/connectionpool.py", line 844, in urlopen retries = retries.increment( ^^^^^^^^^^^^^^^^^^ File "/home/ftuser/.local/lib/python3.11/site-packages/urllib3/util/retry.py", line 515, in increment raise MaxRetryError(_pool, url, reason) from reason # type: ignore[arg-type] ^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^ urllib3.exceptions.MaxRetryError: HTTPSConnectionPool(host='fapi.binance.com', port=443): Max retries exceeded with url: /fapi/v1/exchangeInfo (Caused by NameResolutionError(" : Failed to resolve 'fapi.binance.com' ([Errno -2] Name or service not known)")) During handling of the above exception, another exception occurred: Traceback (most recent call last): File "/home/ftuser/.local/lib/python3.11/site-packages/ccxt/base/exchange.py", line 584, in fetch response = self.session.request( ^^^^^^^^^^^^^^^^^^^^^ File "/home/ftuser/.local/lib/python3.11/site-packages/requests/sessions.py", line 589, in request resp = self.send(prep, **send_kwargs) ^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^ File "/home/ftuser/.local/lib/python3.11/site-packages/requests/sessions.py", line 703, in send r = adapter.send(request, **kwargs) ^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^ File "/home/ftuser/.local/lib/python3.11/site-packages/requests/adapters.py", line 519, in send raise ConnectionError(e, request=request) requests.exceptions.ConnectionError: HTTPSConnectionPool(host='fapi.binance.com', port=443): Max retries exceeded with url: /fapi/v1/exchangeInfo (Caused by NameResolutionError(" : Failed to resolve 'fapi.binance.com' ([Errno -2] Name or service not known)")) The above exception was the direct cause of the following exception: Traceback (most recent call last): File "/freqtrade/freqtrade/exchange/exchange.py", line 480, in _load_markets self._markets = self._api.load_markets(params={}) ^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^ File "/home/ftuser/.local/lib/python3.11/site-packages/ccxt/base/exchange.py", line 1444, in load_markets markets = self.fetch_markets(params) ^^^^^^^^^^^^^^^^^^^^^^^^^^ File "/home/ftuser/.local/lib/python3.11/site-packages/ccxt/binance.py", line 2007, in fetch_markets promisesRaw.append(self.fapiPublicGetExchangeInfo(params)) ^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^ File "/home/ftuser/.local/lib/python3.11/site-packages/ccxt/base/types.py", line 26, in unbound_method return _self.request(self.path, self.api, self.method, params, config=self.config) ^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^ File "/home/ftuser/.local/lib/python3.11/site-packages/ccxt/binance.py", line 7665, in request response = self.fetch2(path, api, method, params, headers, body, config) ^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^ File "/home/ftuser/.local/lib/python3.11/site-packages/ccxt/base/exchange.py", line 3048, in fetch2 return self.fetch(request['url'], request['method'], request['headers'], request['body']) ^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^ File "/home/ftuser/.local/lib/python3.11/site-packages/ccxt/base/exchange.py", line 637, in fetch raise NetworkError(details) from e ccxt.base.errors.NetworkError: binance GET https://fapi.binance.com/fapi/v1/exchangeInfo
stoploss: -0.2 timeframe: 1m hash(sha256): 58f6a2d72a769ef615f71f0af66d558a1397efd08ab60cabe2625f8e8e60482d indicators: mid lower bb_middleband rsi close bb_lowerband
No similar strategies found. (based on used indicators)
last change: 2024-05-02 13:27:10