Noro's Fast RSI Strategy v1.0
For:
- crypto/fiat
- crypto/crypto
- timeframes: 1hour, 30min, 15min, 5min
Strategy uses 2 indicators:
1) RSI indicator, period = 3
2) EMA Body, period = 30
EMA Body
Step 1. The candle body size pays off = abs(close-open)
Step 2. The average size of a body of a candle pays off. Only 30 last candles. EMA.
Step 3. If the body of the current candle is less than a half of a body of an average candle, then such candle is ignored by strategy because too small.
Strategy
If RSI < RSI Limit and the body of a candle is more than a half of a body of an average candle - to open long.
If RSI > RSI Limit and the body of a candle is more than a half of a body of an average candle - to close long.
If RSI > (100 - RSI Limit) and the body of a candle is more than a half of a body of an average candle - to open short.
If RSI < (100 - RSI Limit) and the body of a candle is more than a half of a body of an average candle - to close short.
- crypto/fiat
- crypto/crypto
- timeframes: 1hour, 30min, 15min, 5min
Strategy uses 2 indicators:
1) RSI indicator, period = 3
2) EMA Body, period = 30
EMA Body
Step 1. The candle body size pays off = abs(close-open)
Step 2. The average size of a body of a candle pays off. Only 30 last candles. EMA.
Step 3. If the body of the current candle is less than a half of a body of an average candle, then such candle is ignored by strategy because too small.
Strategy
If RSI < RSI Limit and the body of a candle is more than a half of a body of an average candle - to open long.
If RSI > RSI Limit and the body of a candle is more than a half of a body of an average candle - to close long.
If RSI > (100 - RSI Limit) and the body of a candle is more than a half of a body of an average candle - to open short.
If RSI < (100 - RSI Limit) and the body of a candle is more than a half of a body of an average candle - to close short.
