BoneDry Modified Strategy

9 mai 2018

This is a modified version of the BoneDry strategy (developed by BoneDryCalves), a popular strategy used with the Cryptohopper trading bot. The strategy uses DCA to make purchases, buying when the closing price falls below the lower bollinger band and a set RSI oversold threshold. It sells at a set % profit.

The original settings for BoneDry are as follows:
RSI period – 4
RSI Oversold Threshold – 37
Bollinger Bands Period – 22
Bollinger Band Upper Deviation – 2
Bollinger Band Lower Deviation – 2
Bollinger Band MA-Type – SMA (many use KAMA or TRIMA)
RSI Period – 4
RSI Oversold Threshold - 37

The differences with this script from the original strategy:
Instead of buying when the price drops below the lower bollinger band, it buys when a moving average crosses above it. This reduces the total amount of purchases and hopefully makes better buys.

Multiple moving average types for the Buy/Sell line are available, and the source of the MA can be changed.

Instead of selling at set percentage it sells when the MA crosses below the upper bollinger band. The intent of this is to exit out at better times for more profit and reduce losses.

The source for the bollinger band can be changed. It was hoped that by allowing this, an additional few percent profit could potentially be squeezed out.

Heikin-Ashi Candles are available as an option.

The displayed chart uses the following settings (there are likely better settings):
Length – 22
BB source – close
STDdev Upper-2.2
STDdev Lower-2.2
BB MA Type – KAMA
LMSA Offset – 1
RSI Period – 8
RSI Source – close
RSI Buy-In Value – 34
MA Type For Buy And Sell Line – LSMA
Buy and Sell Line Length – 2
Buy And Sell Line Source – close

The time period tested is from 4/20/2018 to 5/9/2019

11 mai 2018

Notes de version

Fixed the RSI
Changed the Buy and Sell line into two separate lines. Both lines have multiple sources, MA types, and both can be shifted vertically in the hopes it would allow superior positioning for buying and selling.
Added an upper RSI threshold required to be met before a sell is placed to gain more profit.

12 mai 2018

Notes de version

Fixed the KAMA sell line.