CAMARO

this version of the countertrend strategy trades using EMA, SMA, RSI. RSI is a momentum oscillator that measures the speed and change of price movements. RSI oscillates between zero and 100. If RSI is reading below 27, that to mean that price action has been weak, and the asset being charted may be ‘oversold.’ If RSI is reading above 73, then price action has been strong, and price may potentially be over-bought. IF emaSmall1 (10 Mins, Time Period 2, shift 1) > ema1 (Hourly, Time Period 60, shift 1) (Up trend) AND smaSmall0 (10 Mins, Time Period 10, shift 0) - smaBig0 (10 Mins, Time Period 30, shift 0).
Version: Date: Status: Description:
1 31.10.2015 Not running this version of the countertrend strategy trades using EMA, SMA, RSI. RSI is a momentum oscillator that measures the speed and change of price movements. RSI oscillates between zero and 100. If RSI is reading below 27, that to mean that price action has been weak, and the asset being charted may be ‘oversold.’ If RSI is reading above 73, then price action has been strong, and price may potentially be over-bought. IF emaSmall1 (10 Mins, Time Period 2, shift 1) > ema1 (Hourly, Time Period 60, shift 1) (Up trend) AND smaSmall0 (10 Mins, Time Period 10, shift 0) - smaBig0 (10 Mins, Time Period 30, shift 0).
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