This is an ETH Trading Strategy, using MarketCipher and RSI as the entry and exit conditions for the 4 hour chart.
This strategy is LONG only with stop loss set to 12% with 5 TPs set to 20% each.
There is one DCA safety order at -6% level to 3x the original order.
Based on the historical data, here is what this strategy accomplishes:
Total Closed Trades: 105+ as of June 3rd
Total Net Profit: 1110%
Percentage of winning trades: 65%
Profit Factor: 6.4
Order size: 10 contracts
Safety order size: 30 contracts
This strategy is LONG only with stop loss set to 12% with 5 TPs set to 20% each.
There is one DCA safety order at -6% level to 3x the original order.
Based on the historical data, here is what this strategy accomplishes:
Total Closed Trades: 105+ as of June 3rd
Total Net Profit: 1110%
Percentage of winning trades: 65%
Profit Factor: 6.4
Order size: 10 contracts
Safety order size: 30 contracts