Laguerre Relative Strength Index (Laguerre RSI)
BTCUSD 6H Momentum / LAGUERRE RSI / VOLUME OSCILLATOR ANALYSISBTCUSD Potential heavy move inbound withing the next 10-15 days.
Bulls are running out of real estate in their current bullish pennant formation
We could see a healthy retrace before any continuation of retest at 10K.
This chart is shareable. Set alerts to detemine bullish or bearish entry.
Watch the volume oscillator closely to decipher when the move will begin.
Orange dots represent bullish momentum building against bear momentum.
And Blue dots represent bearish momentum building against bull momentum.
Crossovers are even more conservative.
Did You know this system?Settings made by me for 4h BTCJPY Bitflyer chart with 0.05% provision (i think this provision is used by Zaif likely).
Of course there is no need to play shorts (much riskier in case of spikes up with no sl on short position even with no leverage. in long position case there is no need for sl without leverage), longs should be profitable on longterm basis.
I have similar neural network based system, but as i found some glitches with it, i share with You with this simplified system - based on laguerre rsi indicator.
Settings: 0.3, 0.6, 0.4, trade size: 50% of equity (but in case of only long playing can be 100%) and provision 0.05%
The main thing is to find good start point for strategy like this or start now and have some losses if downtrend will continue after some spikes up.
Many says however that trading systems like this are prosthesis for bad technically and mentally players, but i dont care what other say;)
Other thing is provision rate. In case of higher provision this system could turn your account into zero very fast.