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Aug 8, 2019 10:10 PM

ETHUSDT | 1HR | RSI + MACD Indicator Strategy 

Ethereum / TetherUSBinance

Description

Strategy:

1. Wait for RSI hit 0 then cross the 20(Purple region) - This gives the warning of a potential entry
2. Wait for MACD to turn from yellow to Green - this signals confirms to enter
3. Enter positon
4. Exit when MACD cross from Red to Yellow or
4a. Exit when RSI reaches above 80 or top and starts to downtrend. - This signals that a downtrend is likely
Comments
tamas.fabian.sysadm
Hi. Great chart, thank you. Can you tell me how to set up the MACD what you using? I can't find it on trading view.
The Stoch RSI is looking for me the same on my chart if I set up like (14,14,3,3)
What is HA COLOR CHANGE AND ALERT?
Thank you for your help.
Bullandbeartrading
I like your description.
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