RSI Strategy
For the technical analysis, I use the trading view website, but
this is also the same as Binance.
So to add coins click the top left corner and
choose the coin pair.
To select future coins, Type the coin and type PERP after
the coin name.
To join trading view – click here
Name - RSI Strategy
Indicators-
Relative Strength Index Indicator
Supertrend Indicator
Settings-
Go to indicators > Search RSI > Add Relative strength index indicator > Go to RSI settings > Go to input tab > Change RSI length into 2 > Go to Style tab > Change upper band into 90 > Change lower band into 10 > Turn off middle band > Turn off RSI base MA
Go to indicators > Add Supertrend Indicator
Buy Signal - RSI should go below the lower band and then the very next candle should be green. At the same time, supertrend should be green.
Sell Signal - RSI should go above the upper band and then the very next candle should be red.
At the same time, supertrend should be red.
I have to say every strategy has only a 60% success rate. So every trade will
not succeed but these strategies will help you to increase your win rate. If
you have a doubt you can back-test and check whether it works or not. Also, you
can back-test those strategies and find the best combination which suitable for
you.
For the technical analysis, I use the trading view website, but
this is also the same as Binance.
So to add coins click the top left corner and
choose the coin pair.
To select future coins, Type the coin and type PERP after
the coin name.
To join trading view – click here
Name - RSI Strategy
Indicators-
Relative Strength Index Indicator
Supertrend Indicator
Settings-
Go to indicators > Search RSI > Add Relative strength index indicator > Go to RSI settings > Go to input tab > Change RSI length into 2 > Go to Style tab > Change upper band into 90 > Change lower band into 10 > Turn off middle band > Turn off RSI base MA
Go to indicators > Add Supertrend Indicator
Buy Signal - RSI should go below the lower band and then the very next candle should be green.
At the same time, supertrend should be green.
Sell Signal - RSI should go above the upper band and then the very next candle should be red.
At the same time, supertrend should be red.
I have to say every strategy has only a 60% success rate. So every trade will
not succeed but these strategies will help you to increase your win rate. If
you have a doubt you can back-test and check whether it works or not. Also, you
can back-test those strategies and find the best combination which suitable for
you.