RSI Trend cycle applies fast stochastics and a cyclic component to smooth out RSI movements and make reading of RSI trends dramatically easier.
Works on any timeframe.
Usage:
- LONG on cross from 0 upwards
- SHORT on cross from 100 downwards
Works best if:
Works on any timeframe.
Usage:
- LONG on cross from 0 upwards
- SHORT on cross from 100 downwards
Works best if:
- traded in the prevailing direction of a market. If the market trend is bullish (like SPY) then you LONG from 0 and step aside on cross down from 100.
- Used at an interval lower than the one you want to trade (i.e., 1h for intra-day trends, 1d for weekly trends)
- Paired with an exit signal of your choice (i.e., trendline)