The logic for this strategy is based on a combination of the Relative Strength Index (RSI) indicator and the Stochastic formula. Customize the input parameters and test on various charts and timeframes for maximum profit potential.
Note: This is a TigerBot Strategy, which means that it is set up and ready for you to use it with our full set of automation and risk management features such as:
Thorough event triggers for automated order execution
Profit/Loss Zones
Profit/Loss Indicators
Take Profit
Normal Stop Loss
Trailing Stop Loss
Advanced Trailing Stop
Profit Locker Stop Loss
Advanced Pyramiding Support
Leverage Support
Much more
Each TigerBot Strategy includes a set of 3 scripts that belong together:
STRATEGY - used for full-featured customization with all our visuals
STUDY - with alert triggers for automation
SKELETON - for faster backtesting without the visuals enabled
This is the SKELETON version of this script. Please also see the other 2 related scripts.
Visit TheTigerBot.com to gain access and take advantage of the full TigerBot features on this strategy, or submit your own script for TigerBot automation!
Release Notes
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Added visual aids.
Release Notes
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Upgrade to TigerBot 1.1
Release Notes
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Added a "Generous Entries" Feature Requested by Customer