Stochastic CCI BF 🚀

BITMEX:XBTUSD.P1D

Bitcoin / US Dollar Perpetual Inverse Swap ContractBitMEX

Description

⋅ Oct 22, 2019 1:59 PM

Simply a Stochastic RSI and CCI mix with a Rate of Change filter to stay out of choppy sideways markets.

SIGNALS

For a long signal we need both the CCI above 0 and the stochastic line to be higher than the last candle.
For a short signal we need both the CCI below 0 and the stochastic line to be lower than the last candle.

INSTRUCTIONS
Pay attention to the background color.

Green = go long
Red = go short
White = no trade

RISK
We use a simple 3% stop loss.
If we get stopped out, we wait for the next signal before re-entering.

Tested on XBTUSD BitMex Daily chart.

Stochastic RSI (STOCH RSI)

Comments

StillAlive

⋅ Oct 23, 2019 4:30 AM

Hi Sir, as the plotted info is coming from ROC, Stochastic and CCI, im not understanding that why to use testPeriodStart and testPeriodStop ? im just asking for the educational point of view and your indicators are cool. thanks.

bennef

⋅ Oct 23, 2019 8:11 AM

@StillAlive, Hi, those parameters define a window of time to create the backtest results. For example, the default settings are for 1st Jan 2017 to 31st Dec 2019 but can be changed in Settings.

StillAlive

⋅ Oct 23, 2019 8:31 AM

@bennef, thanks.