Strategy: Quant Bot II

Hello everyone. This Bot is the second in a series of 3 to cover HTFs (it is always good to have bots on different TFs)
The objective of the bot is to copy how some Traders operate, leaving aside the subjective part of the beginning of the operation.
This bot is designed for Spot, and opens operations when the 4H RSI is above 55% and below 70%. and the price action above the 200 EMA. The TP is an ATR but it could be by % or by SAR.
In BTC it has a very good performance, but if you want it can work with other currencies as well (I choose some RND coins for the test)
This bot does not use SL but it could be an RSI above 70%. It is a kind of fire-and-forget style bot. I hope someone finds it useful and can improve it.

Quant Bot II
https://app.gainium.io/bot/66e6388e291892ad4933eb54?a=1895&aid=share-bot&share=1e2d3d45-9990-46c7-a64e-d20943c17005

Backtest
https://app.gainium.io/bot/backtests?a=1895&aid=share-backtest&backtestShare=c2058fcb-0f2c-446d-ad63-b765c906ef42

1 Like

Question - why QUANT if it doesn’t use quantitative data?

1 Like

its a sort of joke @Rossano

Didn’t get it :joy: I may need to re-read the topics

1 Like