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RSI cross with MA confirmation Strategy
Source: https://fxcodebase.com/code/viewtopic.php?f=31&t=63197
Forum: 31 · Topic 63197 · 5 post(s)
RSI cross with MA confirmation Strategy
Apprentice · Tue Mar 01, 2016 3:03 pm
Based on request. viewtopic.php?f=27&t=63189
Open Long RSI crosses above 50 13 MA is above 48 MA Exit Long RSI crosses above 60 RSI crosses below 50
Open Short RSI crosses below 50 13 MA is below 48 MA Exit Short RSI crosses below 40 RSI crosses above 50
RSI cross with MA confirmation Strategy.lua
The Strategy was revised and updated on December 18, 2018.
Re: RSI cross with MA confirmation Strategy
legacyfighter · Thu Mar 03, 2016 8:23 pm
Thank you very much!
what is the scale for the profit/ equity. It looked to end in profit, but to what percentage?
Also, how difficult would it be to separate the strategy so that you have a long only strategy and a separate strategy for sell/short only strategy?
In order for the above proposition to work, it would be necessary to somehow confirm a trend first and then trade only in the direction of the trend.
I may re-evaluate this strategy and consider adding an additional longer MA for determining the trend
Re: RSI cross with MA confirmation Strategy
Apprentice · Fri Mar 04, 2016 2:52 am
Something like this. For Long
Short MA is above Middle MA Middle MA is above Long MA
Re: RSI cross with MA confirmation Strategy
legacyfighter · Sat Mar 05, 2016 12:06 pm
Yes, something exactly like that.
If you look at the two big losses, there was a short open throughout a HUGE bull phase.
Because both of them had a multi day duration, it should be relatively easy to implement a stop strategy.
If you take out the two biggest losses, you get an awesome equity curve and profit margin. It looks like it could have great potential
Re: RSI cross with MA confirmation Strategy
Apprentice · Wed Dec 14, 2016 6:49 am
Strategy was revised and updated.