Strategy RSI and ATR

(0)
0 585
390
G2P1R2D13153
.zip,.py

Presentation of the Strategy:
- This strategy is designed to analyze the cryptocurrency market using RSI and ATR (Average True Range) indicators.
- It allows for the generation of buy (BUY) and sell (SELL) signals for specific cryptocurrency pairs based on the conditions defined by these indicators.

Objective:
- The primary objective of the strategy is to detect buying and selling opportunities for cryptocurrency pairs based on the values of RSI and ATR indicators.

Technical Indicators:
- The technical indicators used are RSI (Relative Strength Index) and ATR (Average True Range).
- The parameters of these indicators (periods, windows, etc.) are configurable via the configuration file.

How the Strategy Works:
- The script analyzes cryptocurrency market data for each specified pair.
- It calculates the RSI and ATR values for each pair using historical price data.
- Buy signals are generated when the price crosses above the upper band (RSI + ATR), and sell signals are generated when the price crosses below the lower band (RSI - ATR).

Advantages:
- The script automates market analysis, enabling quick responses to buying and selling opportunities.
- It allows for parameter customization to align with user preferences and risk tolerance.
- The strategy continuously monitors the market, which can be challenging to perform manually.

This strategy is designed to work with trading bots BotMonster PRO, BotMonster STANDARD, and BotMonster ULTIMATE.

Compatibility BotMonster PRO, BotMonster STANDARD, BotMonster ULTIMATE
Market Cryptos
Types of signals Longs, Shorts

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