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#

Moving Average and Oscillators Points

Results#

Moving Average and Oscillators Results

Source Code#

Here is the link to the source code for this zeta-zetra/code.