Signals

In the world of algorithmic trading, signals are crucial components that dictate the actions of a trading bot. Open signals and close signals are two primary types of signals that indicate when to enter (open) or exit (close) a trade, respectively. Understanding these signals and how they work can significantly enhance your trading strategy, allowing for more informed and timely decisions. Below are descriptions of various open and close signals available in our trading system, designed to help you grasp their functionality and application.

Open Signals

Open signals are used to determine the optimal moments to enter a trade. These signals analyze various market conditions and indicators to identify potential buying opportunities.

ASAP

The ASAP strategy will trigger the opening of a deal immediately whenever it is called. Your trading bot will open a deal at the first possible opportunity without delays.

Options

• Warmup Period 1 candle.

Bollinger Bands

The Bollinger Bands signal monitors the asset price in relation to its lower Bollinger Band. When the price falls below the lower band, a deal is opened.

Options

• Warmup Period: 20 candles
• Parameters:
  • length: 20 (periods)
  • std: 2 (standard deviations)

IFTRSI

The IFTRSI signal uses the IFT (Inverse Fisher Transform) of the RSI (Relative Strength Index). A deal is opened when the IFT RSI value drops below a specified threshold.

Options

• Warmup Period: 20 candles
• Parameters:
  • length: 16 (periods)
  • threshold: -0.6

MACD DEMA

The MACD DEMA signal is based on the MACD (Moving Average Convergence Divergence) using DEMA (Double Exponential Moving Average). A deal is opened when the MACD line crosses above the signal line.

Options

• Warmup Period: 26 candles
• Parameters:
  • fast: 12 (periods for the fast DEMA)
  • slow: 26 (periods for the slow DEMA)
  • signal: 9 (periods for the signal line)

Tillson T3

The Tillson T3 signal leverages the T3 Moving Average. A deal is opened when the T3 turns upward, indicating potential upward momentum.

Options

• Warmup Period: 10 candles
• Parameters:
  • length: 10 (periods)
  • a: 0.7 (volume factor)

Close Signals

Close signals are used to determine the optimal moments to exit a trade. These signals help in locking in profits or minimizing losses by analyzing market conditions and indicators.

Take Profit

The Take Profit signal will close a deal when the profit reaches a specified percentage. This helps lock in gains when the market moves in your favor.

Options

• Warmup Period: 1 candle
• Parameters:
  • take_profit: 1.5 (percentage)

Bollinger Bands

The Bollinger Bands signal monitors the asset price in relation to its upper Bollinger Band. When the price rises above the upper band, a deal is closed.

Options

• Warmup Period: 20 candles
• Parameters:
  • length: 20 (periods)
  • std: 2 (standard deviations)

MACD DEMA

The MACD DEMA signal is based on the MACD (Moving Average Convergence Divergence) using DEMA (Double Exponential Moving Average). A deal is closed when the MACD line crosses below the signal line.

Options

• Warmup Period: 26 candles
• Parameters:
  • fast: 12 (periods for the fast DEMA)
  • slow: 26 (periods for the slow DEMA)
  • signal: 9 (periods for the signal line)

Tillson T3

The Tillson T3 signal leverages the T3 Moving Average. A deal is closed when the T3 turns downward, indicating potential downward momentum.

Options

• Warmup Period: 10 candles
• Parameters:
  • length: 10 (periods)
  • a: 0.7 (volume factor)

RSI Signal

The RSI Signal strategy uses the Relative Strength Index (RSI) to determine entry points. A deal is opened when the RSI value falls below a specified threshold.

Options

• Warmup Period: 14 candles
• Parameters:
  • rsi_period: 14 (periods)
  • rsi_threshold: 30

EMA Crossover

The EMA Crossover strategy uses two Exponential Moving Averages (EMA) to identify potential buying opportunities. A deal is opened when the short-term EMA crosses above the long-term EMA.

Options

• Warmup Period: 50 candles
• Parameters:
  • short: 20 (periods for the short EMA)
  • long: 50 (periods for the long EMA)

MA Crossover

The MA Crossover strategy uses two Moving Averages (MA) to identify potential buying opportunities. A deal is opened when the short-term MA crosses above the long-term MA.

Options

• Warmup Period: 50 candles
• Parameters:
  • short: 20 (periods for the short MA)
  • long: 50 (periods for the long MA)