This bot tries to use the levels on which the supertrend indicator is based to start and end a trend, waiting for a retracement and creating orders according to the Fibonacci retracement levels for a continuation upwards. To always be within a bullish trend, a 200 1h EMA is used.
The SL is below the 7.86 retracement where one would usually take it as a reversal of the uptrend.
The calculation is not perfect but it only seeks to align with some of the levels previously created by the supertrend. Add the original bot with the levels most similar to Fibo, the new one the separation between orders is 1.6 after 2.36% in the first SO
The Bot runs with 5X leverage but it might not have it
Maybe someone will find a better way to reproduce this and improve it
Supetrend+Fibo Retracement Bot
https://app.gainium.io/bot/67959fcfa5949f774279402e?a=1895&aid=share-bot&share=fc1173f4-5619-410c-a937-ad69bd77e1d6
Backtests
Original STrend+Fib
https://app.gainium.io/bot/6795b054a5949f77427abd99?a=1895&aid=share-bot&share=3cb5c5d0-b56e-4129-8ba6-7ab4247faa99
STrend +Fibo.json (10.0 KB)
STrend +Fibo (Original).json (10.0 KB)