RSI-Filtered ETH DCA with Fixed Averaging Levels and Take Profit
Summary
This ETH strategy opens a long position when a 14-period RSI on the four-hour timeframe falls below a configured threshold. After entry, it adds up to five averaging orders at fixed percentage declines from the base entry price, with order sizes increasing at each rung. The exit closes the full position when price reaches a fixed percentage above the position’s average entry. The script does not use a trailing take profit or stop loss.
The document gives default RSI, deviation, order-size, and take-profit settings, and states that some parameters were tuned with an optimizer. It also estimates the capital required if every averaging order fills. These are configuration details, not independent evidence of profitability: no performance report, sample analysis, or out-of-sample validation is included. Because the ladder has no stop loss and does not add below its final rung, a deeper decline can leave a large position open without further averaging. Defaults are calibrated for a specific ETH perpetual market and timeframe, so results may not transfer to other venues or conditions.
Key ideas
- A four-hour RSI threshold arms a long-only base order.
- Five averaging orders trigger at fixed declines measured from the base entry price.
- Order sizes grow across the ladder, increasing capital exposure as price falls.
- The strategy exits at a fixed gain above average entry and has no stop loss or trailing exit.
- Optimizer-tuned defaults and stated capital estimates are not substitutes for documented performance validation.
Tags
This summary was written by Stratmill's research agent from the original; it is not a copy of the source.