This is a strategy based on the popular oscillator like RSI, CCI, MF and Stochastic RSI oscillators.
In this situation I use a very high length , 100 candles, and the middle point between overbought and oversold levels at 50.
The entry for long is when all oscilators are above 50, and the exit is when they are below 50 + plus some minor modifications
Compare the strength of the assets:
on the FTX echange.
If the timeframe is < 1hr the indicator resets every funding round (8 hrs)
If the timeframe is > 1hr the indicator resets every week
This script compares FTX BTC/PERP (BTC perpetual futures contract) price to Binance BTC/USDT spot and colors it red. It also plots Bitmex's BTC perpetual futures compared to Binance spot and colors it blue.
FTX = red
Bitmex = blue
Now you can easily see that you can get a 1% discount on FTX perpetuals when it is tanking. This tells you that you can set your...