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Author Topic: BBRSISTEPGAIN VS BBSTEPGAIN  (Read 5239 times)

Offline tammons

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BBRSISTEPGAIN VS BBSTEPGAIN
« on: December 08, 2017, 07:42:50 PM »
What is the real difference between these two stragegies.

Both have an RSI_BUY_LEVEL setting so I am trying to understand what the real difference is.

Thanks

Offline yoshilee

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Re: BBRSISTEPGAIN VS BBSTEPGAIN
« Reply #1 on: December 12, 2017, 08:25:25 PM »
Not quite sure, but i think the rsi buy-level in bbstepgain is just concerning the double-up part.

Offline oldskoolnix

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Re: BBRSISTEPGAIN VS BBSTEPGAIN
« Reply #2 on: December 20, 2017, 06:32:55 PM »
It's my understanding that the RSI_BUY_LEVEL acts as a second trigger to buy.  I don't know much about DOUBLE_UP since I don't get too many bags that I don't mind hodl.

When I first started testing GB 6.x.x, I used BB and RSI alot to BUY when coin oversold (~25 - 30) and SELL when overbought (70+).  Very easy, but can be very slow.  Can take a while to make a single trade.  BBRSISTEPGAIN and BBSTEPGAIN both work much better for me.

For example:  BBRSISTEPGAIN

If

LOW_BB: 1                              # BUY trigger1
RSI_BUY_LEVEL:  35                #  BUY trigger2
SELLLVL: 1                              #  This setting allows user to select which SELLLVL percentage GB should try to sell at first  (2%, 4%, 70%)
SELLLVL1:  2
SELLLVL2:  4
SELLLVL3:  70


Then GB will only buy when candle reaches 1 (or lower) on bottom Bollinger Band and the RSI value is 35 (or lower). 

SELL order is placed when the trend analyzer sees upward coin price approaching the first chosen SELLLVL percentage.
 
In example above, it will try to sell at 2% first, but try to sell at higher SELLLVL if the trend is still upward.

I like to use this strat when I see a large value coin that swings alot between overbought and oversold.

BBSTEPGAIN does the same thing, but no RSI trigger.  Any RSI setting is ignored.

GB would BUY at candle 1 on bottom Bollinger Band and sell according to STEPGAIN settings.  I use this one on most everything else.


Hope this helps,

Nix
« Last Edit: December 20, 2017, 06:48:13 PM by oldskoolnix »

Offline vrso2

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Re: BBRSISTEPGAIN VS BBSTEPGAIN
« Reply #3 on: December 24, 2017, 01:15:33 AM »
great explanation....

But so I'm sure, that I understand 100%... ;)

if my LOWBB is set to 10, My RSI must be set less than that value ?

Also, if price start falling down and will go bellow  LOWBB 10%, it will be looking for RSI_BUY LEVEL (let say 30)... So it will no buy antil drop ends ?

Thx