Since 1-May showing non-stop BEAR signals until 2-Aug when this model showed the first BULL signal.
Strategy backtest: 10 closed trades over 3 months PNL = +1.4% Max Drawdown = 0.25% very sustainable strategy.
Legend: 4 Upper and Lower Bollinger bands 3 Fibonacci ratio lines Green box showing: Long --> bollinger bands , macd , fibonacci crossed and RSI not-crossed Blue box showing: Long --> bollinger , RSI crossed and macd or fibo not-crossed Red box showing: Short --> bollinger bands , macdm fibonacci crossed and RSI not-crossed Orange box showing: Short --> bollinger bands , RSI crossed and macd or fibo not-crossed Blue arrow: BUY POSITION OPENED / OPEN SELL POSITION CLOSED Red arrow: SELL POSITION OPENED / OPEN BUY POSITION CLOSED
Following is an example showing an optimal trade by the strategy in this back-test:
Strategy: Refer to related ideas below for detail into strategy, which works well with only high volume/volatile coins.
Summary: All indicators must cross to give a strong buy/sell signal i.e. fibonacci lines, bollinger bands , macd , rsi must be crossed simultaneously.