StockSharp.Strategies.0163_RSI_Williams_R
5.0.2
Prefix Reserved
dotnet add package StockSharp.Strategies.0163_RSI_Williams_R --version 5.0.2
NuGet\Install-Package StockSharp.Strategies.0163_RSI_Williams_R -Version 5.0.2
<PackageReference Include="StockSharp.Strategies.0163_RSI_Williams_R" Version="5.0.2" />
<PackageVersion Include="StockSharp.Strategies.0163_RSI_Williams_R" Version="5.0.2" />
<PackageReference Include="StockSharp.Strategies.0163_RSI_Williams_R" />
paket add StockSharp.Strategies.0163_RSI_Williams_R --version 5.0.2
#r "nuget: StockSharp.Strategies.0163_RSI_Williams_R, 5.0.2"
#:package StockSharp.Strategies.0163_RSI_Williams_R@5.0.2
#addin nuget:?package=StockSharp.Strategies.0163_RSI_Williams_R&version=5.0.2
#tool nuget:?package=StockSharp.Strategies.0163_RSI_Williams_R&version=5.0.2
Rsi Williams R Strategy (C# Version)
Implementation of strategy - RSI + Williams %R. Buy when RSI is below 30 and Williams %R is below -80 (double oversold condition). Sell when RSI is above 70 and Williams %R is above -20 (double overbought condition).
Testing indicates an average annual return of about 76%. It performs best in the forex market.
RSI outlines the overall momentum, while Williams %R gives a quicker signal of reversal. Trades act on agreement between the two oscillators.
Good for active traders chasing short swings. ATR-based stops are employed.
Details
- Entry Criteria:
- Long:
RSI < RsiOversold && WilliamsR < WilliamsROversold
- Short:
RSI > RsiOverbought && WilliamsR > WilliamsROverbought
- Long:
- Long/Short: Both
- Exit Criteria:
- RSI returns to neutral zone
- Stops: Percent-based using
StopLoss
- Default Values:
RsiPeriod
= 14RsiOversold
= 30mRsiOverbought
= 70mWilliamsRPeriod
= 14WilliamsROversold
= -80mWilliamsROverbought
= -20mStopLoss
= new Unit(2, UnitTypes.Percent)CandleType
= TimeSpan.FromMinutes(5).TimeFrame()
- Filters:
- Category: Mean reversion
- Direction: Both
- Indicators: RSI, Williams %R, R
- Stops: Yes
- Complexity: Intermediate
- Timeframe: Mid-term
- Seasonality: No
- Neural Networks: No
- Divergence: No
- Risk Level: Medium
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