AAT Banderitas is designed by Alex Augusto Trading complementing the AAT Strategy. It adds up more power to the overall strategy.
In order to understand the script, you can choose 2 diagrams, either the Momentum diagram or the RSI diagram.
The momentum diagram shows 2 different colours, either red which means a bearish trend or green which indicates a bullish trend . When the momentum shows a green diagram means we can buy the coin we are analyzing and viceversa, when the momentum shows a red diagram means we can sell or short a coin.
The RSI diagram shows 3 different points, the 70 mark which means that the coin is overbought which it could indicate that the bullish trend is about to end, the 50 mark which means that the trend is not defined and the 30 mark which means that the coin is oversold which it could indicate that the coin is about to finish the bearish momentum.
You can combine both MOMENTUM and the RSI diagrams following this simple strategy.
When the momentum diagram is green we just wait for a green flag on the RSI to place a buy order and viceversa, wthen the momentum diagram is red we just wait for a red flag on the RSI to place a sell order.