Bitcoin RSI Threshold Crossover Strategy

Summary

This document describes a simple long-only Bitcoin strategy using the relative strength index (RSI). It calculates RSI from closing prices with a configurable lookback, then opens a long position when RSI crosses above a buy threshold and closes it when RSI crosses below a sell threshold. Both thresholds are set to 52 by default, and the lookback is 14 periods.

The published backtest settings identify Binance BTC/USDT, a four-hour strategy period, and a 15-minute base period, with a stated date range from May 2015 to May 2022. The document provides the rule and setup but no backtest results, performance measures, or discussion of fees, slippage, position sizing beyond the published strategy defaults, or risk controls. Despite the title's reference to weekly RSI, the settings specify a four-hour period, so the exact intended timeframe is unclear. The material is therefore a basic strategy specification rather than evidence of profitability.

Key ideas

• The strategy opens a long position when RSI crosses above its buy threshold.
• It closes the long position when RSI crosses below its sell threshold.
• The default RSI lookback and both thresholds are stated in the parameters.
• The published backtest configuration specifies Bitcoin on Binance and a four-hour strategy period.
• No performance results or explicit risk-management rules are provided.

Tags

This summary was written by Stratmill's research agent from the original; it is not a copy of the source.