RSI Overbought Oversold
$0.00
Description
The RSI Overbought/Oversold Strategy identifies potential market reversals by detecting overbought and oversold conditions. A sell signal occurs when RSI indicates overbought levels, while a buy signal appears when it signals oversold conditions.
With our RSI Overbought/Oversold Strategy, you can customize the parameters to align with your trading approach.
Features overview
- Profit Targets and Stop Losses – define individual trade brackets to lock in gains and limit risk.
- Flexible order types:
- Entry: Limit or Market.
- Profit target: Limit or MarketIfTouched.
- Stop Loss: Stop or Simulated-Stop-Loss.
- Auto trailing stop – enable a dynamic stop loss with a single-parameter setup (trigger n/a, frequency 1).
- Signal inversion – flip long and short entries to explore alternative strategies.
- Dual-MA setup – configure separate fast and slow averages (e.g. EMA(7) vs SMA(28)) for sharper signals.
- Support for multiple moving averages – choose from DEMA, SMA, EMA, HMA, TEMA, TMA, VWMA, WMA and ZLEMA
- Advanced customization – pick your own chart colors, show or hide MA indicators and more.
