Classic 20-50-RSI Bot

This bot is the classic crossing of the 20 EMA above the 50 EMA while the RSI is below 70 (oversold). I tested it on 1H and 15m and it works very well in the backtests with ETH and other currencies.
the RR is 2:1 and it also has a Move SL as protection along with the reverse crossover of the EMAs as more protection. (in Bybit in the live test that I take, no paper, I had to take the MSL in the Short version for now)
Bollinger bands can be added below/above the midline as another trend confirmation in a higher time frame and perhaps other iterations with the other indicators, the leverage is up to the trader’s taste.
The Winrate seems a bit marginal but we will see how the live test develops.
I hope someone finds it useful and can improve it :slight_smile:

Classic 20-50-RSI Bot
Long
https://app.gainium.io/bot/6779540be93f522c0b4936ed?a=1895&aid=share-bot&share=01d7c39d-671f-4bbb-bfcf-2ecb42aa8bb9

Backtests

Classic 20-50-RSI Bot
Short
https://app.gainium.io/bot/67795513e93f522c0b497f4b?a=1895&aid=share-bot&share=540bf004-a29b-4e6f-9a58-30b868b186e4

Backtests

Classic 20-50-RSI 15 min.json (14.5 KB)
Classic 20-50-RSI 15min Short.json (14.5 KB)

2 Likes

Wow very nice specially the short version althogh we have been mostly in an uptrend.

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Many thanks Markups but I think ETH is in a kind of downward range, let’s see what happens for now if you have both bot running you are in :green_heart: Wich is the main idea

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