This indicator generates buy and sell signals when it detects a market imbalance based on candle levels and RSI. It is optimised for XBTUSD, 1H timeframe, candle or bar chart. It is not recommended for other instruments or timeframes.
Have a look at the backtesting results here:
It has also been tested for live trading and there is no repainting and it proved to behave as per the backtesting.
Give it a like to try it for 7 days for free. Keep in mind that it may not generate any signals during that time but you can explore how it behaved in the past. For permanent use, pay $25 using this link.
When buying this signal, you are buying access to the signals generated by the Swing RSI 2nd Attempt Signal on Tradingview. You should have at least a basic Tradingview account. You are not given access to the code and the signals are meant to be used for your personal use.
Access is provided for one Tradingview username with each purchase. Drop me an email at fastmoveforwardgmail.com with your Tradingview username.
To exit a short trade, close 50% of the trade when the price goes below RSI 20. The rest 50% exit when you get a LONG signal. To exit a long trade, close 50% of the trade when the price goes above RSI 80. The rest 50% exit when you get a SHORT signal.
You are supposed to be familiar with the financial markets and the fact that - when the market is trading within a range - the Signal will not generate any trade alerts.
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.