There are two types of TA start conditions available.

  • The first is a standalone indicator like RSI. You can choose it and set a condition like 'is lower than' or 'is higher than'. For example, you can add a condition like 'buy when the RSI is lower than 15' to your long bot.
  • The second is a preset configuration for some indicator. You can choose 'BB-20-1-LB,' and the bot will buy when the price crosses up the lower band of the Bollinger Bands indicator. It sounds like a magical world, but there is an explanation of naming later on the article.

It is a beginning of implementation for TA strategies. You will be able to create your strategies using different indicators soon.

That article doesn't explain indicators itself, so if you don't know any of them then use google. There is plenty of available information about every name you find in this article.

Standalone indicators

The bot supports only two indicators at the moment.

RSI-7

RSI (Relative Strength Index) indicator that uses 7 as its length. You can choose the time frame and value that triggers the condition.

For a short bot, it triggers when the RSI is higher than the entered value.
For a long bot, it triggers when the RSI is lower than the entered value.

ULT-7-14-28

UO (Ultimate Oscillator) indicator that uses 7, 14, 28 as its lengths. Similar to RSI, you can select the time frame and value to trigger the condition.

For a short bot, it triggers when the ULT is higher than the entered value.
For a long bot, it triggers when the ULT is lower than the entered value.

TA Presets

There are eight presets, four for long and four for short bots. You can change only the working time frame when using these conditions.

BB-20-1-LB, Long

BB (Bollinger Bands) indicator. It uses length 20, StdDev 1.

It triggers when the price is below the lower band.

BB-20-2-LB works the same way but uses StdDev 2.

MFI-14<40, Long

MFI (Money Flow Index) indicator that uses 14 as its period.

It triggers when its value crosses 40.

MFI-14<20, Long

MFI (Money Flow Index) indicator that uses 14 as its period.

It triggers when its value crosses 20.

CCI-40<-200, Long

CCI (Commodity Channel Index) indicator with length 40.

It triggers when its value drops below -200.

BB-20-1-UB, Short

BB (Bollinger Bands) indicator. It uses length 20, StdDev 1.

It triggers when the price is above the upper band.

BB-20-2-UB works the same way but uses StdDev 2.

MFI-14>65, Short

MFI (Money Flow Index) indicator that uses 14 as its period.

It triggers when its value rises higher than 65.

CCI-40>0, Short

CCI (Commodity Channel Index) indicator with length 40.

It triggers when its value rises higher than 0.

CCI-40>100, Short

CCI (Commodity Channel Index) indicator with length 40.

It triggers when its value rises higher than 100.

Combining multiple conditions with TA

Combining various TA conditions is possible. All conditions link with logical AND, so all of them should be true to let the bot open a new deal.

For example, you can configure the bot to buy when RSI is below 30, and when ULT below 40.

You can combine multiple presets.

Combining standalone indicators and TA presets are possible too.

Just click on the button "+" and see what else you can add to already selected conditions.

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