Strat Example 1 (One Indicator)
Last updated
Last updated
Consider a Strat that trades the ETH/USDT pair when specific conditions are met. In this case, the conditions are: when a buy signal is created from the Relative Strength Index (RSI) indicator trending downwards into oversold levels, buying ETH with USDT; or when a sell signal is created from the RSI indicator trending upwards into overbought levels, selling ETH for USDT. Here, the investor would deposit USDT and the Strat would automatically execute the previously mentioned strategy. Whenever the conditions are satisfied, the Strat will automatically buy and sell according to the strategy. A +20% return is earned by the strategy and distributed back to the user. On this 20%, a performance fee of 10% is charged according to the fee schedule. On this fee of 10%, a further 20% is charged as commission by Rank (equal to 2% of the return).