A technical analysis trading bot based on the Relative Strength Index (RSI) indicator for automated cryptocurrency trading.
This is a trading bot I created with Python and CCXT that trades based on RSI levels. The RSI (Relative Strength Index) is a momentum indicator that measures whether an asset is overbought or oversold on a scale from 0 to 100.
The bot implements a classic RSI strategy: it buys when the RSI falls below a certain threshold (indicating an oversold condition and possibly a buy opportunity), and sells again when the RSI is high (indicating an overbought condition and possibly a sell opportunity).
Configurable & Flexible: One of the strengths of this bot is complete flexibility. All important parameters are adjustable: exchange, trading pair, timeframe, and RSI thresholds. This modularity makes it possible to backtest the bot with different settings and optimize it for different market conditions and trading pairs.
The configurable parameters make this bot suitable for different trading strategies and market conditions.