█ Introduction and How it is Different The Dual RSI Differential Strategy introduces a nuanced approach to market analysis and trading decisions by utilizing two Relative Strength Index (RSI) indicators calculated over different time periods. Unlike traditional strategies that employ a single RSI and may signal premature or delayed entries, this method leverages...
Added stop loss level when open positions. Results got better and max drawback reduced. The current limitations are it will not add positions if having opened positions although meeting the entry conditions. Next steps are adding positions when meeting entry conditions and set a upper limit quantities for open positions.
Adapted the double RSI with stochastic strategy to UKOIL. I optimised the strategy input parameters for UKOIL. It looks promising. Currently I have not adapted stop loss to the script yet, only enter and exit condition based on trend. Next step I will add stop loss for the strategy and backtest it again. Due to it is still in development and optimisation, I am...