RSI Stop Loss

Bitcoin / TetherUSBinance

Description

⋅ Jul 7, 2019 12:53 PM

Experiment for using RSI as a stop loss value, shows where the price will be when the RSI increases or decreases by a specified amount.

Relative Strength Index (RSI)stoploss

Comments

ChristopherCarrollSmith

⋅ Jul 20, 2019 5:06 PM

I've been looking for just this sort of thing. Thank you!!!

jaggedsoft

⋅ Jul 20, 2019 5:13 PM

@ChristopherCarrollSmith, if you have any other cool ideas just shoot me a private message :)

ChristopherCarrollSmith

⋅ Jul 20, 2019 5:17 PM

Awesome, will do!

rajendarksharma820

⋅ Feb 7, 2022 4:41 PM

hello

nilux

⋅ Jul 8, 2019 5:05 PM

good stuff man! thanks for sharing!

dper94

⋅ May 14, 2020 10:03 PM

Could you explain to me how can i use it please? A little tutorial. What are the 5 and 100 values for?

jaggedsoft

⋅ May 14, 2020 11:13 PM

@dper94, at its simplest the idea was to use something other than a percentage for a stop loss. This helps visualize where the stop loss would be if RSI goes down by 5 points.