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[pshaiBot] Simple Leverage Scalper

2 2203 Views 2 Comments 5 years ago

BBands pshaibot RSI Scalper

pshai
Welcome?

Here is my Simple Leverage Scalper strategy, utilizing BBands and RSI.
Preferred timeframes are between 1min and 5min, but you can do whatever.

Notice that the strategy uses Heikin-Ashi prices instead of Close Prices. This is because of the continuous candles; they work much better with RSI as they generate more breakouts.

To make this strategy even better, you could add a trend indicator to distinguish when to allow LONG entries and when SHORT entries. At the moment the strategy does both, but longs might not work well on bearish markets and vice versa.

Happy scalping!
~pshai
- This topic was modified 4 years, 6 months ago by pshai. Reason: Updated
- This topic was modified 4 years, 6 months ago by pshai.
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- October 7, 2020 at 5:26 PM #1307
  
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  hi, beautiful program.but it’s extreme dangerous without stoploss, why you didn’t have put a stoploss?
  
  Twitter:
  - October 13, 2020 at 5:31 AM #1468
    pshai
    Admin
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    Its an old script from the newbie-me. I think i have another version of this with stop-losses iirc…
    
    EDIT: here it is https://www.haasscripts.com/t/pshaibot-simple-leverage-scalper-v4/
    
    Twitter:
    
    This reply was modified 3 years, 6 months ago by pshai.

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