Nick Radge Multi Bot

Hi everyone, it’s been a while since I posted the last Bot but I’ve been working quite a bit and haven’t had time to upload any of the things I’ve been trying. That being said.
This is a Bot based on a Nick Radge strategy which consists of making a purchase when the price is below a SMA of 10 1D and selling when the price is above the SMA 10 while it is above a SMA of 200.
The original strategy does not have a Stop loss but I added one of -10%, I also added a MAR Filter to help carry out operations further away from the reversal.
I performed some tests and the results were mostly positive but not overall to see the result well.
Either way I think this strategist has potential especially before this cycle ends.
One of the ways in which it can perhaps be taken advantage of when used with several currencies is that when the result is positive it could be closed manually and Analyze if it can be triggered again.

I hope someone finds it useful and can improve it. :slight_smile:

Nick Radge Multi Bot (First Version)
https://app.gainium.io/bot/67525bfca9a5c426f13f6393?a=1895&aid=share-bot&share=e5af40c7-499d-47ae-9de1-817349aa54e9
Nick Radge Multi Bot v2
https://app.gainium.io/bot/675cdb27576e87f61722877a?a=1895&aid=share-bot&share=9b5ec5fe-28df-4105-8dcd-3d57727ec0bc

Backtest

3 Likes

Very interesting strategy. From what I can see it does well in bull but in bear is having a hard time. I would add additional filters to avoid entering in a bear period, maybe some long term MA.

1 Like

Yes Ares, is a long bot and a trend following it will suffer in the downtrend…
but if you compare the 2024 Test and the The bear Market Test numbers are in your favor iin the long term
Maybe the Bot can benefit of use a MACD 1 week or DXY 1 Day percentile 10% or a WMA 1 Day.to stop operations as a Filter or by the Controller (wich is really good all its has).
or experiment with lower time frames variant when people think this uptrend cycle is ending.
This bot could be like the pizzas you buy in the supermarket that are already prepared but you need to bake them so that they are to your liking. :smiley: