RSI Strategy [Nostradanis]
Strategy based on an adaptation of the Relative Strength Index and slow exponential moving average.
Green lines: uptrend
Gray lines: lateral trend
Red Lines: downtrend
Use:
When RSI crosses up 40 and 50 lines can be a good long entry if ema trend is clearly bullish.
55 line confirms entry.
Designed for swing with under $20 shares but can be adapted to scalping
Green lines: uptrend
Gray lines: lateral trend
Red Lines: downtrend
Use:
When RSI crosses up 40 and 50 lines can be a good long entry if ema trend is clearly bullish.
55 line confirms entry.
Designed for swing with under $20 shares but can be adapted to scalping
Release Notes:
Settings
Release Notes:
Improved entries
Improved exits by Take Profit and Stop Loss
Improved exits by Take Profit and Stop Loss
Release Notes:
It is advisable to adjust the TP and SL according to the volatility of each share
Release Notes:
New Alert