exlux99

3 RSI 6sma/ema ribbon crypto strategy

This is a very efficient swing trading strategy designed for crypto long timeframes like 2h+.

Initially we have 3 RSI .

AFter that we use them as source for 6 SMA/EMA for each RSI, 5, 30, 50, 70, 90, 100. With those we create a ribbon that we are going to use in order to check the direction of the trend.

Rules for entry:
For long : if either all the SMA/EMA's from the 2nd RSI are telling us to go long, or all the all SMA/EMA's from the 3rd rsi are telling us to go long F
For short : if either all the SMA/EMA's from the 2nd RSI are telling us to go short, or all the all SMA/EMA's from the 3rd rsi are telling us to go short

We exit when we get an opposite condition than the entry one.

Caution: this strategy has no risk management inside, so use it with caution. If you have any questions , let me know !

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Open-source script

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Disclaimer

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