PROTECTED SOURCE SCRIPT
I SAHAM AK BUY LOW ____ Multi TimeFrame Oversold
Updated
This strategy is built to confirm the profitability of buying oversold using RSI indicator.
Buy & Sell point will appear on price chart.
Entry Point : RSI3, RSI10, AND RSI14 below 26.
Cut Loss : Entry Price - 5%.
Take Profit : Entry Price + 10%.
5 entries allowed in same direction eventhough open trade not yet closed. In layman words, you keep buying new low closing price for 5 times.
Commission fee fixed at 0.08%.
Decent fundamental counter is preferable.
Even at win rate of 50%, it is profitable due to Risk Reward Ratio of 1 to 2.
Buy & Sell point will appear on price chart.
Entry Point : RSI3, RSI10, AND RSI14 below 26.
Cut Loss : Entry Price - 5%.
Take Profit : Entry Price + 10%.
5 entries allowed in same direction eventhough open trade not yet closed. In layman words, you keep buying new low closing price for 5 times.
Commission fee fixed at 0.08%.
Decent fundamental counter is preferable.
Even at win rate of 50%, it is profitable due to Risk Reward Ratio of 1 to 2.
Release Notes
added 26 horizontal line to RSI
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