hamster-bot RSI Algo
This is a simple RSI based signal indicator. It is designed for algorithmic bot trading.
For best results, leave a time-frame of at least 1 hour.
When the RSI reaches 70, it gives a buy signal, and when the RSI reaches 30, it gives a sell signal. The position is then maintained until the opposite signal is given. If backtesting shows poor results, but looks like the opposite would be good, there is a simple switch in the settings to turn it over.
original indicator on the basis of which the strategy is made:
For best results, leave a time-frame of at least 1 hour.
When the RSI reaches 70, it gives a buy signal, and when the RSI reaches 30, it gives a sell signal. The position is then maintained until the opposite signal is given. If backtesting shows poor results, but looks like the opposite would be good, there is a simple switch in the settings to turn it over.
original indicator on the basis of which the strategy is made:
