RSIextreme

This strategy is designed in such way to open positions once the RSI crosses extreme rating - above 70 and below 70 as well as check the previous candle on a shorter time frame. Once the price closes and we have a candle that is established, the system check the RSI and then the previous candle in order to open a new position (either buy or sell). The take profit is very narrow in order to avoid higher drawdown when position is open for a longer period of time. On the other hand, the stop loss is more wide to avoid closing losing positions quickly. The balance is the key.
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1 01.09.2017 Not running This strategy is designed in such way to open positions once the RSI crosses extreme rating - above 70 and below 70 as well as check the previous candle on a shorter time frame. Once the price closes and we have a candle that is established, the system check the RSI and then the previous candle in order to open a new position (either buy or sell). The take profit is very narrow in order to avoid higher drawdown when position is open for a longer period of time. On the other hand, the stop loss is more wide to avoid closing losing positions quickly. The balance is the key.
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