Supetrend+Fibo Retracement Bot

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 :slight_smile:

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)

1 Like

Thanks for sharing! This one has a good return despite having a SL. I will do some test and see what I can come up with.

One thing, would you mind attaching the exported JSON to the post when you share a strategy? Bot links can become inaccessible if the bot is deleted.

2 Likes

Done! I’m not going to delete these baby bots! Although it would be nice if the curated strategies were running on at least one Coin, that would prevent many of us from having the bot copied to see its performance unless they have a modified variant.

https://app.gainium.io/bot/backtests?a=3557&aid=share-backtest&backtestShare=c73e405f-1658-477c-9eb0-5b88dd998281

I’ve tryed with Sol, same period, very bad

Yes, you must find Wich coins can use this strategy and Wich timeframe is better, also altcoins aren’t pumping as BTC this cycle. Maybe you will need a bigger filter like EMA 20 weekly o something like that to fit this strat with a good cycle of the altcoins