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RSI Strategy [Nostradanis]

1 233
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
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Settings
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Improved entries
Improved exits by Take Profit and Stop Loss
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It is advisable to adjust the TP and SL according to the volatility of each share
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New Alert

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