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RSI + SMA Strategy (Second Touch Confirmation + Volume Filter)

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RSI + SMA Strategy (Second Touch Confirmation + Volume Filter)
👉 Optimized for the 3-minute timeframe

This indicator combines the power of the RSI (Relative Strength Index) and its SMA (Simple Moving Average) to generate highly reliable BUY and SELL signals. The strategy is designed to confirm signals only on the second consecutive touch of the overbought (70) and oversold (30) thresholds, reducing false signals caused by sudden market movements. Additionally, it includes a dynamic volume filter, ensuring that signals are generated only during periods of high liquidity.

Key Features
Second Touch RSI:

BUY and SELL signals are generated only after the RSI reaches the overbought/oversold threshold for the second consecutive time, improving accuracy.

Volume Filter:

Signals are confirmed only if the current volume exceeds the 20-period moving average multiplied by a configurable value (volume_multiplier), filtering out low-liquidity moments.

Optimized for Short Timeframes:

Perfect for the 3-minute timeframe, ideal for scalping and intraday trading strategies.

Customizable Parameters:

Adjustable settings for RSI, SMA, overbought/oversold thresholds, and volume filter, making it adaptable to various markets and conditions.

How to Use It
BUY Signal: When RSI touches the oversold threshold (30) for the second consecutive time and crosses above its SMA, with volume higher than average.

SELL Signal: When RSI touches the overbought threshold (70) for the second consecutive time and crosses below its SMA, with volume higher than average.

Upcoming Developments
📢 We will soon release our private strategy!
This strategy will be based on advanced logic and optimized to achieve even more consistent results in volatile markets like cryptocurrencies. Stay tuned for more details!

Disclaimer
This indicator is designed to support decision-making in trading. We recommend testing it on a demo account before using it in live trading. Remember that trading involves risks and does not guarantee profits.

Declinazione di responsabilità

Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.