Rocketrader's Account Builder: Scalping and Long Entry Strategie
TESTING THIS STRATEGY, NOT FINAL YET
Overall chart period: 12 hour
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RSI settings for Scalping:
Length: 2
Source: Close
Upper band: 97
Lower band: 3
Alert: Set alert for when RSI goes below 3 as an early warning.
Entry: Enter long trade with 5% stop loss when it goes back up above 97.
Exit: 10% profits
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Long Entry Strategy
K: 4
D: 4
RSI Length: 3
Stochastic Lenght: 3
RSI Soruce: hlc3
Upper band: 80
Lower band: 20
Alert: Set alert for when RSI goes to 0
Entry: Enter long trade with 5% stop loss when it goes above 0 (positive)
Exit: Varies, could aim for 20% profits
----------------------------------------------------------------------
Overall chart period: 12 hour
----------------------------------------------------------------------
RSI settings for Scalping:
Length: 2
Source: Close
Upper band: 97
Lower band: 3
Alert: Set alert for when RSI goes below 3 as an early warning.
Entry: Enter long trade with 5% stop loss when it goes back up above 97.
Exit: 10% profits
----------------------------------------------------------------------
Long Entry Strategy
K: 4
D: 4
RSI Length: 3
Stochastic Lenght: 3
RSI Soruce: hlc3
Upper band: 80
Lower band: 20
Alert: Set alert for when RSI goes to 0
Entry: Enter long trade with 5% stop loss when it goes above 0 (positive)
Exit: Varies, could aim for 20% profits
----------------------------------------------------------------------
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