RSI Overbought Rollovers with a Short DCA Ladder on XMR

Summary

This document describes a short-only strategy for XMR perpetual futures. It opens a short when a five-minute RSI with a length of nine crosses down through 80. If price rises against the position, it allows up to three averaging orders at progressively higher fixed percentage offsets from the initial entry. The described orders use uniform sizing, while exits target a gain from the average entry with a trailing retracement and use a hard stop above entry.

The code includes configurable order sizes, spacing, RSI settings, profit and stop levels, a backtest window, and webhook-related inputs for a trading bot. It also specifies commission, slippage, capital, and a Bybit XMR/USDT perpetual market as its calibration context. The document supplies no performance report or evidence that the parameters are robust. Averaging into a losing short increases exposure during adverse price moves, and realized results would depend on execution, fees, funding, and market conditions.

Key ideas

• A short position is initiated when the specified five-minute RSI crosses downward through its overbought threshold.
• The strategy can add up to three short averaging orders as price moves above the base entry.
• A trailing profit exit is paired with a hard stop above the average entry price.
• The source provides configurable execution and webhook settings but reports no strategy performance results.
• Averaging orders can increase exposure when the market continues rising against the short.

Tags

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