BTC Sentiment analysis RSI 2xEMAThis is a CRYPTO correlation strategy, which is using BTC sentiment with BITFINEX long and short ratios.
WIth them we are making from one side 2 RSI, one for long and another for short. And from another side, we are going to make multiple EMA's, using the ratios for long and short.
Rules for entry
For this scenario I created a long only strategy.
The long entry condition is : we have a crossover of the rsi long ratio with rsi short ratio and long ratio from BITFINEX is above the long EMA and short ratio from BITFINEX is below short EMA.
We exit when we get the opposite condition, in this case we have a crossunder of the rsi long ratio with rsi short ratio and long ratio from BITFINEX is below the long EMA and short ratio from BITFINEX is above short EMA.
If you have any questions, let me know !
LINK
OnTheMoveWith this plot one is able to compare the different % change in the given time frame. It calculates the sma of a given period (defval = 7) for the close/open.
Strategy would be to choose (trade) from one to other asset in order to get higher rates when pumping or lower when dumping.
The Symbol & exchange has to be specified.
defSymbols = BTC, ETH and LINK
defExchange = BINANCE
