Win with RSI! 3rd time / Free tool distribution in progress!
Win with RSI! Episode 03
[ATS-Base] RSI Training Room
Key points for Episode 3 are here!
Buy entry: RSI dips below 30 and then reverses
Buy exit: RSI exceeds 65
Sell entry: RSI rises above 70 and then reverses
Sell exit: RSI falls below 35
Let’s adjust the RSI setting line, which serves as the standard for obtaining and exiting this crucial position!
Before that... have you downloaded the free ATS yet? If not, please click here!
Now, I’ll reveal a hidden code.
Set the parameter“UserCode”to“369”and try it.
On the chart, you should see [+] and [-] buttons that change the settings for the RSI_OpenLine and RSI_CloseLine, which serve as entry criteria.
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Now, quickly use the [+] and [-] buttons to vary the entry conditions!
First, keep Period (number of bars) at the default 14
First, five patterns for entry conditions (Open): 15, 20, 25, 30, 35
Sell entry: RSI reverses above 85
Total over 160 days (= 40 days × 4 periods/Sec) is positive!
The positive 1925 points meansa gain of 1.925 yenin width.
One more thing! The most recent period (Sec.1) is highly positive!
The farthest period (Sec.4) gradually becomes positive, so this setup looks upward-trending.
However, the number of trades is too low.
Let's look at other patterns as well!
Sell entry: RSI reverses above 80
The number of trades increases!Win rate and total points decrease, though!
Let's continue looking!
Sell entry: RSI reverses above 75
With this many trades, the results become more credible!
Sell entry: RSI reverses above 70
This is the default setting.
Sell entry: RSI reverses above 65
Monthly totals show 3 positive periods and 1 negative, but the most recent period (Sec.1) isn’t very positive, and one large negative value is concerning.
As you change the RSI entry line like this, the results also change.
Please also try changing the exit line and explore various patterns!
You’ll want to try other currency pairs and timeframes as well!
Depending on combinations, you can even find settings that yield“2989” points (= 2.989 yen) just from the most recent period (Sec.1)found in some configurations!
