Share New Research 
Hi Everyone,
This is the first ever (proper) algorithm that I have written. I feel that this strategy has legs, and starting this thread will be a great learning exercise for me/others who want to follow along. Please let me know what you think, and suggest any improvements or changes.
The strategy looks to capture upward momentum in ETH only when the trend is bullish.
Strategy outline: if ETHUSD is trading above the trend filter (ie above the 5 week SMA), AND its oversold on the hourly RSI (between 15 to 20) go long. Intended exit when RSI crosses above 95 or stop out exit if price drops 10%.
Potential changes:
- instead of using an SMA trend filter, maybe I could implement the previous overall high (when looking at a daily candles).
- Maybe I could implement a trailing stop
Thank you all :)
James hirst
The material on this website is provided for informational purposes only and does not constitute an offer to sell, a solicitation to buy, or a recommendation or endorsement for any security or strategy, nor does it constitute an offer to provide investment advisory services by QuantConnect. In addition, the material offers no opinion with respect to the suitability of any security or specific investment. QuantConnect makes no guarantees as to the accuracy or completeness of the views expressed in the website. The views are subject to change, and may have become unreliable for various reasons, including changes in market conditions or economic circumstances. All investments involve risk, including loss of principal. You should consult with an investment professional before making any investment decisions.
To unlock posting to the community forums please complete at least 30% of Boot Camp.
You can continue your Boot Camp training progress from the terminal. We hope to see you in the community soon!