exlux99

3 RSI 6sma/ema ribbon crypto strategy

This is a very efficient swing trading strategy designed for crypto long timeframes like 2h+.

Initially we have 3 RSI .

AFter that we use them as source for 6 SMA / EMA for each RSI , 5, 30, 50, 70, 90, 100. With those we create a ribbon that we are going to use in order to check the direction of the trend.

Rules for entry:
For long : if either all the SMA /EMA's from the 2nd RSI are telling us to go long, or all the all SMA /EMA's from the 3rd rsi are telling us to go long F
For short : if either all the SMA /EMA's from the 2nd RSI are telling us to go short, or all the all SMA /EMA's from the 3rd rsi are telling us to go short

We exit when we get an opposite condition than the entry one.

Caution: this strategy has no risk management inside, so use it with caution. If you have any questions , let me know !
Skrypt open-source

In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in a publication is governed by House Rules. You can favorite it to use it on a chart.

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