1、What is RSI?
The Relative Strength Index (RSI) is an indicator used to analyze the intent and strength of buying and selling pressure in the market by comparing the average closing gains and losses over a certain period. It helps predict future market trends and reflects the market's level of activity over a specific timeframe.
2. MACD-RSI Quantitative Strategy Explanation
The MACD-RSI quantitative strategy utilizes the standard MACD and RSI algorithms to capture market information. The entry and exit conditions are as follows:
- (1).Go Long (Buy) when DIF > DEM and RSI value is greater than or equal to the threshold + 50.
- (2).Close Long (Sell) position when DIF < DEM or RSI value is less than or equal to 50 - the threshold.
In the provided chart, the RSI threshold is set to 8, and the entry and exit points are indicated by the arrows.
3. Create Backtest, Confirm Optimal Strategy Parameters
Before creating a live trading strategy, you can perform a backtest by inputting the expected parameters. Click on the backtest button, and the system will automatically backtest the data (defaulting to the last month). The backtest record will then generate a reference for analysis. Users can analyze the backtest data and select the optimal parameters for the live trading strategy.
4. Create Live Trading Strategy, Run Strategy
After setting the test parameters (you can use the optimal strategy parameters obtained from backtesting), proceed to create the live trading strategy and run it in the live market.
5. Strategy Parameter Explanation
Strategy Name: You can customize the name of the strategy.
SL Ratio: When the investment amount's loss ratio exceeds the set auto stop loss ratio, the strategy will be automatically terminated.
Absolute Profit: When the indicator meets the selling conditions, the current spot price must be higher than the average holding price to execute the sell command, otherwise, the position will be continued to be held.
Balance: Refers to the available balance in the wallet associated with the trading account.
Total Investment: The total amount invested in this strategy.
Fast EMA: Parameter 1 for calculating the MACD indicator, representing the short period.
Slow EMA: Parameter 2 for calculating the MACD indicator, representing the long period.
MACD Signal: Parameter 3 for calculating the MACD indicator, representing the signal line.
RSI Period: Parameter for calculating the RSI indicator.
RSI Threshold: Must be greater than 0 or less than 50.
Period: The timeframe used for running the strategy.
Order Quantity: If not filled in by default, the order quantity will be calculated in real-time based on the market price and investment amount. If you choose a specific quantity, it will be used if the calculated quantity is greater than the user's setting, otherwise, the real-time calculated quantity will be used.
