Moving Average and Oscillators#
Here is the strategy name: Range-Bound Strategy with Moving Averages and Oscillators
Strategy Details#
Here are the strategy details from ChatGPT:
Note
Apply two moving averages of different periods to the price chart.
Wait for the shorter-term moving average to approach and bounce off the longer-term moving average, indicating a potential range-bound market.
Use an oscillator, such as the Relative Strength Index (RSI) or Stochastic Oscillator, to identify overbought and oversold conditions within the range.
Enter a long trade when the price bounces off the moving averages and the oscillator is in oversold territory.
Enter a short trade when the price bounces off the moving averages and the oscillator is in overbought territory.
Sample Signal Points#
Results#
Source Code#
Here is the link to the source code for this zeta-zetra/code.