Crypto Spot Market Bot | Backtest

Hello Friends.

This script is only for long positions.

How does the algorithm work ?

  • The Relative Momentum Index
  • Relative Strength İndex
  • Average Directional Movement İndex
  • Momentum

When rsi and adx produce signals in the same direction, the rmi indicator confirms the signal. After the Confirmed Signal, the buy-side transaction is entered , the closed according to the % of profit taking and stoploss specified on the algorithm in the entered transaction.

In the spot market, it is possible to make money even in a down trend

All shared charts run within a 1-hour time frame.

Note : The shared backtest results have been shared as of 9/9/2021 by calculating 50% balance and 2 pyramiding methods in an account of 1000 dollars. Keep in mind that this algorithm will want to try to average down in possible worst-case scenarios. 2% - %3take profit levels will provide consecutive gains in the spot market.

How should the adjustments be made?

Value variables should be made according to formula a and formula b values ​​and backtest results. You can increase the frequency of transactions by lowering the adx and rsi values.

Overview :

Protected script
This script is published closed-source but you may use it freely. You can favorite it to use it on a chart. You cannot view or modify its source code.

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