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HBAR RSI Oversold Entries with Fixed-Size Averaging Orders

Article Strategy library · Author: 3Commas

Summary

This is a long-only dollar-cost averaging framework for HBAR perpetual futures. A 14-period RSI on the four-hour timeframe arms an entry when it falls below the configured oversold threshold. The strategy begins with a base order and can add up to five averaging orders at preset percentage declines from that entry, with larger order sizes at deeper levels. It closes at a fixed profit target above the average entry price. The displayed settings include trading costs and slippage assumptions.

The document describes the order ladder and its maximum exposure under the stated defaults, but provides no backtest report or evidence of profitability. It has no stop loss or trailing exit, and the position can remain exposed after all averaging orders have filled if price continues to fall. The strategy’s concentrated long bias and scaling into losses make sizing, margin capacity, and the chosen deviations important risk considerations. The supplied source is incomplete in the document, limiting review of the full implementation and order behavior.

Key ideas

  • A four-hour RSI oversold reading arms a long entry in the HBAR framework.
  • The position can add up to five fixed-deviation averaging orders with progressively larger sizes.
  • A fixed take-profit level closes the position relative to its average entry price.
  • The documented setup has no stop loss or trailing exit, leaving downside exposure after the final add.
  • No performance report is included, and the displayed source is incomplete.

Tags

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