Beyond Take Profit and Stop Loss parameters, you can now customize additional settings to harmonize with your unique trading style and risk tolerance. Whether adjusting entry conditions, fine-tuning exit criteria, or refining position sizing, this strategy empowers you to craft a personalized approach that aligns perfectly with your objectives.
INPUT SETTING
Oversold Level - Description: This level is used to identify potential buying opportunities when the RSI drops below this threshold, indicating that the asset might be oversold. - Usage: Commonly set to a value around 30, but you can adjust it based on your trading strategy.
Overbought Level - Description: This level is used to identify potential selling opportunities when the RSI rises above this threshold, indicating that the asset might be overbought. - Usage: Commonly set to a value around 70, but you can adjust it based on your trading strategy.
Long Opportunities: The indicator looks for long (buy) opportunities when the RSI is below the oversold level. This suggests an upward trend with a potential buying point due to the asset being oversold. Refer to "HOW IT WORKS" on the additional technical details of this indicator / strategy.
Short Opportunities: The indicator looks for short (sell) opportunities when the RSI is above the overbought level. This suggests a downward trend with a potential selling point due to the asset being overbought. Refer to "HOW IT WORKS" on the additional technical details of this indicator / strategy.
Elevate your trading experience with unparalleled flexibility and precision, ensuring that every decision reflects your strategic vision.
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