============ ENGLISH ============ - Description: This strategy is based on the original Larry Connors strategy, using 2 SMAs and RSI. The strategy has been optimized for better total profit and works better on 4H (tested on BTCUSDT). LONG: Price must be ABOVE the slow SMA. When a candle closes in RSI oversold area, the next candle closes out of the oversold area...
This strategy uses the CCI + 2 RSIs + 2 EMAs to generate trade signals. Trades are only taken during the normal trading session and all open trades are closed 15 min before the close of the current session. A trailing stop loss is used and is customizable. Not trading advice, use at your own risk.
This strategy implements a simply scalping using the RSI (calculated on two periods), the slopes of two MAs ( EMA or SMA ) having different lengths (by default, I use 50 and 200). A trailing stop loss (%) is used. Entry conditions: .) Fast MA > Slow MA and Price > Slow MA and RSI < Oversold Threshold ------> go Long .) Fast MA < Slow MA and Price < Slow MA...
When the price is over the EMA and RSI 2 is less then 25 so an open order is going to be made and the strike is the high of the antepenultimate price