Long-Only Trend Following with RSI, EMA Filters, and ATR Exits
Summary
This long-only strategy seeks to enter established uptrends when RSI reaches or crosses a trigger level and price is above both a fast EMA and a longer trend EMA. It offers several RSI trigger modes, including immediate threshold qualification, crossing-only, and crossing with a grace period or sustained confirmation. Optional filters restrict entries by trading hours or volume, and an optional RSI dip can be required before another entry. A daily gate limits the strategy to one entry per day.
Risk controls use an ATR-based initial stop and a fixed take-profit distance expressed as a multiple of the initial risk; a close-based ATR trailing exit is optional. The published backtest settings specify hourly BTC/USDT spot data over a little more than three months, but the document gives no performance statistics. Its promotional claims of high success are unsupported by reported evidence. It also acknowledges weak conditions in ranging markets, and performance will depend on trigger settings, filters, execution assumptions, and the tested period.
Key ideas
- An RSI trigger is combined with price above fast and long-term EMAs to select long entries.
- Trigger modes vary from crossing-only to threshold persistence, with optional grace and rearming rules.
- A daily gate limits entries, while session and volume filters can be enabled.
- ATR sets the initial stop distance, and a risk multiple defines the take-profit level.
- The BTC/USDT spot settings show a short hourly backtest period, but no performance results are reported.
Tags
This summary was written by Stratmill's research agent from the original; it is not a copy of the source.