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This strategy combines RSI, Stochastic Oscillator, and a 50 EMA trend filter to identify moderate-risk trading opportunities in trending markets.

How it works:

Long entries occur when RSI and Stochastic are in oversold conditions while price is above the 50 EMA.

Short entries occur when RSI and Stochastic are in overbought conditions while price is below the 50 EMA.

Trades are confirmed on the previous candle, avoiding premature entries and exits.

Risk management is handled using fixed percentage stop-loss with configurable risk-to-reward targets.

Optional RSI-based exits close positions early during overbought or oversold conditions.

Key Features:

Trend-filtered entries using EMA 50

Non-repainting logic (confirmed candle signals)

Configurable stop-loss and reward ratio

Works well for scalping and intraday trading

Suitable for crypto, forex, and indices

Recommended Timeframes:
5m, 15m, 30m

Note:
This strategy is designed for educational and research purposes. Always forward-test and apply proper risk management before using in live trading.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.