ETH Trading Strategy Combines Gaussian Channel with Stochastic RSI

A new trading strategy for Ethereum (ETH) has been developed by cs_lev on TradingView, combining a Gaussian Channel filter with a Stochastic RSI indicator and a 200-day Simple Moving Average (SMA) gate. The strategy aims to capture trend continuation while avoiding confirmed downtrends.

The Gaussian Channel is a smoothed price envelope built using an Infinite Impulse Response (IIR) filter, which applies a bell-curve weighting across recent bars to produce smooth and low-lag output. This channel turns green when the filter is rising (uptrend) and red when it is falling (downtrend).

The 200-day SMA acts as a bull/bear regime switch, only allowing trades when price is above it. A long position is opened when all five conditions are met: the channel is green, price closes above the upper band, Stochastic RSI %K is either above 80 or below 25, and price is above the 200-day SMA.

The strategy also includes an optional stop-loss at the lower band, which trails as the channel moves. The regime gate exists to block bear-bounce false starts, but it can also mean the strategy misses the first leg of a genuine new uptrend until price reclaims the 200-day SMA.