1. average RSI (sma rsi over a period) 2. sudden buy and sudden sell (usually to infer the change in trend or direction) 3. various EMAs ( used as a filter)
I mostly build it to work on a 3min crypto chart but it should work on any timeframe or any symbol.
Settings - Length -RSI length (hardly needed to be changed but sometimes it doubles the net profit)(+/-2) instant length - a sudden increase or decrease in the price calculated by the length of RSI (+/-10) Bars - No of candles to verify before starting /closing the strategy (+/-20) Lookbackno2- another variable to verify ema opening/closing (hardly needed to change) emas - values of different EMAs (you can change if you want but I don't recommend it though) over40 and over60 - the value of overbuying and overselling(+/-10) In future, I will probably add ADX or use machine learning to filter out results It works well considering 0.05% commission per entry and exit (total of 1% per trade)