Grid Bot RSI

Grid Bot Simulator. Based on RSI levels.

How it works:
Prices are divided into grids, or trade zones, that are based on RSI levels. Buys will trigger when the RSI crosses into a higher zone, after descending. Sells will trigger when the RSI crosses into a lower zone, after ascending. After triggering, a new signal will not be produced until the RSI progresses into better zone.

Standard Settings:

• RSI Length
  
• Number of Grids
  
• RSI Type: Standard RSI or Jurik RSX (based on Everget’s formula)
  
• Show All Grids
  

Experimental Features (Adjust in settings menu):

No Trade Zone: RSI Levels where no trades will be signaled. Adjust to prevent over-buying/selling in narrow markets. Default: 35-65:

No Trade Zone (40-60)


Aggression Level: Increase aggressiveness to stack buys/sells at extreme RSI levels:

Aggression = high

Aggression = low


Market Direction: If market is trending up, the bot will skip every other sell ( = more buys than sells). If down, will skip every other buy (more sells than buys). Default: neutral.

Market Direction: down

Market Direction: neutral

Versionsinformation:

• Removed offsets for plots
  
• Added buy and bell signals at upper and lower limits