Description
⋅ Hi guys, I'd like to share a strategy for BITMEX:ETHUSD in 15m timeframe.
The goal of the strategy is to get the highest win/lose ratio possible, in order to eventually use a little leverage :)
The idea is to use a trend line that will trade only short when it's declining, and only long when it's rising.
For that I used a 125 EMA.
Now for the entries I used some RSI kind of divergences, you can get them with my free Cyatophilum RSI script and setting 125 as highest and lowest length in the parameters:
tradingview.com/script/eNasgNGd-FREE-INDICATOR-Cyatophilum-Relative-Strength-Index-DIVERGENCES/
On top of that I added a 5.5% simple Stop Loss with a 1.5% Trailing Take Profit with 0.2% deviation.
And you get the backtest results below.
For this I used my private indicator the Cyatophilum Ultimate Trading Bot. You can get it using the link below!
Here is the configuration :
Enjoy!