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 (Lower)
The Bollinger Bands signal monitors the asset price in relation to its lower Bollinger Band. When the price falls below the lower band (oversold condition), a deal is opened.
Options
- Warmup Period: 20 candles
- Parameters:
- length: 20 (periods, range: 2-200)
- std: 2 (standard deviations, range: 0.5-5)
RSI Oversold
The RSI Oversold signal uses the Relative Strength Index (RSI) to identify oversold conditions. A deal is opened when the RSI value falls below a specified threshold, indicating potential upward price movement.
Options
- Warmup Period: 14 candles
- Parameters:
- length: 14 (RSI periods, range: 2-100)
- threshold: 30 (oversold threshold, range: 0-100)
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, indicating bullish momentum.
Options
- Warmup Period: 50 candles
- Parameters:
- short-length: 20 (periods for the short EMA, range: 2-200)
- long-length: 50 (periods for the long EMA, range: 2-200)
SMA Crossover
The SMA Crossover strategy uses two Simple Moving Averages (SMA) to identify potential buying opportunities. A deal is opened when the short-term SMA crosses above the long-term SMA, indicating bullish momentum.
Options
- Warmup Period: 50 candles
- Parameters:
- short-length: 20 (periods for the short SMA, range: 2-200)
- long-length: 50 (periods for the long SMA, range: 2-200)
VWMA Crossover
The VWMA Crossover strategy uses the Volume Weighted Moving Average (VWMA) to identify potential buying opportunities. A deal is opened when the price crosses above the VWMA, indicating bullish momentum with volume confirmation.
Options
- Warmup Period: 20 candles
- Parameters:
- length: 20 (VWMA periods, range: 2-200)
IFTRSI Bullish
The IFTRSI signal uses the Inverse Fisher Transform (IFT) of the RSI (Relative Strength Index). The IFT RSI oscillates between -1 and +1. A deal is opened when the IFT RSI value crosses above a specified threshold, indicating bullish momentum.
Options
- Warmup Period: 14 candles
- Parameters:
- rsi-length: 5 (RSI periods, range: 2-100)
- wma-length: 9 (WMA smoothing periods, range: 2-100)
- threshold: 0 (trigger threshold, range: -1 to 1)
MACD DEMA Crossover
The MACD DEMA signal is based on the MACD (Moving Average Convergence Divergence) using DEMA (Double Exponential Moving Average) for faster, less laggy signals. A deal is opened when the MACD line crosses above the signal line, indicating bullish momentum.
Options
- Warmup Period: 35 candles
- Parameters:
- fast: 12 (periods for the fast DEMA, range: 2-100)
- slow: 26 (periods for the slow DEMA, range: 2-100)
- signal: 9 (periods for the signal line, range: 2-100)
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, range: 2-200)
- a: 0.7 (volume factor, range: 0.1-0.99)
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 net profit (after fees) 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, range: 0.1-100)
Bollinger Bands (Upper)
The Bollinger Bands signal monitors the asset price in relation to its upper Bollinger Band. When the price rises above the upper band (overbought condition), a deal is closed.
Options
- Warmup Period: 20 candles
- Parameters:
- length: 20 (periods, range: 2-200)
- std: 2 (standard deviations, range: 0.5-5)
RSI Overbought
The RSI Overbought signal uses the Relative Strength Index (RSI) to identify overbought conditions. A deal is closed when the RSI value rises above a specified threshold, indicating potential downward price movement.
Options
- Warmup Period: 14 candles
- Parameters:
- length: 14 (RSI periods, range: 2-100)
- threshold: 70 (overbought threshold, range: 0-100)
EMA Crossover
The EMA Crossover strategy uses two Exponential Moving Averages (EMA) to identify exit points. A deal is closed when the short-term EMA crosses below the long-term EMA, indicating bearish momentum.
Options
- Warmup Period: 50 candles
- Parameters:
- short-length: 20 (periods for the short EMA, range: 2-200)
- long-length: 50 (periods for the long EMA, range: 2-200)
SMA Crossover
The SMA Crossover strategy uses two Simple Moving Averages (SMA) to identify exit points. A deal is closed when the short-term SMA crosses below the long-term SMA, indicating bearish momentum.
Options
- Warmup Period: 50 candles
- Parameters:
- short-length: 20 (periods for the short SMA, range: 2-200)
- long-length: 50 (periods for the long SMA, range: 2-200)
VWMA Crossover
The VWMA Crossover strategy uses the Volume Weighted Moving Average (VWMA) to identify exit points. A deal is closed when the price crosses below the VWMA, indicating bearish momentum with volume confirmation.
Options
- Warmup Period: 20 candles
- Parameters:
- length: 20 (VWMA periods, range: 2-200)
IFTRSI Bearish
The IFTRSI signal uses the Inverse Fisher Transform (IFT) of the RSI (Relative Strength Index). The IFT RSI oscillates between -1 and +1. A deal is closed when the IFT RSI value crosses below a specified threshold, indicating bearish momentum.
Options
- Warmup Period: 14 candles
- Parameters:
- rsi-length: 5 (RSI periods, range: 2-100)
- wma-length: 9 (WMA smoothing periods, range: 2-100)
- threshold: 0 (trigger threshold, range: -1 to 1)
MACD DEMA Crossover
The MACD DEMA signal is based on the MACD (Moving Average Convergence Divergence) using DEMA (Double Exponential Moving Average) for faster, less laggy signals. A deal is closed when the MACD line crosses below the signal line, indicating bearish momentum.
Options
- Warmup Period: 35 candles
- Parameters:
- fast: 12 (periods for the fast DEMA, range: 2-100)
- slow: 26 (periods for the slow DEMA, range: 2-100)
- signal: 9 (periods for the signal line, range: 2-100)
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, range: 2-200)
- a: 0.7 (volume factor, range: 0.1-0.99)