Double EMA RSI Crossover with Session and Exit Controls

Summary

The strategy first applies a double exponential moving average to price, calculates RSI from that smoothed series, and compares the RSI with its own exponential moving average. An upward crossover produces a long entry and a downward crossover a short entry, subject to an optional trading session. The implementation also specifies a daily order limit setting, trade-size options, and profit, loss, and trailing exit parameters. The published defaults use a 21-period average and short RSI and smoothing periods of 4.

The document presents the system as a mechanical trend strategy and lists possible safeguards, but the daily trade limit is not active in the shown source. Its backtest configuration covers BTC/USDT futures on hourly bars for one month; no performance statistics are reported. The notes identify false RSI crosses, lag, fixed exit distances, and trailing stops in choppy markets as risks. Results would need testing across instruments and market conditions, with sizing and exit behavior checked in implementation.

Key ideas

• The signal compares RSI calculated from a double EMA price series with a smoothed RSI line.
• RSI crossing above its smoother enters long, while crossing below enters short during the permitted session.
• The source includes fixed profit and loss distances and a trailing exit, but does not activate the configured daily order cap.
• The published setup tests BTC/USDT futures over one month, without reporting performance results.
• Fixed sizing and exit distances may not fit changing volatility, while RSI crosses can whipsaw.

Tags

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