"ATS-12 RSI" Last week's performance ~2025/2/22
"Sell when RSI rises above 70, buy when it falls below 30"
such a simple criterion can lead to frequent false signals.
In markets with a strong trend, RSI may rise further above 70 or fall further below 30, making entry timing difficult, right? (^_^;)
And...
After entering, at what timing should you take profit or cut losses?
Isn’t that a point where everyone is trial and erroring?
If you don’t set appropriate exit points,
you may not maximize profits,
or you may incur unnecessary losses.
That said, experimenting with RSI settings could take an enormous amount of time.
For those who want to use RSI but can’t derive the settings or don’t know how,
ATS-12RSI Auto Search is recommended.
It’s simple.
Last week, I won this much with RSI scalping.
This much profit.
And in small lots (0.3 Lots)!!
From the struggle of tweaking RSI settings
you’ll be freed from it, and
you’ll surely encounter a setting that is strong in trends
that you wouldn’t have discovered on your own.