Simple RSIParaEMA Strategy
Indicators used:
– Parabolic SAR Strategy
– EMA 20/50/100/200
– RSI
Usage:
Ensure that all indicators align when deciding to place a trade.
1) Ensure RSI is either Overbought or Oversold
2) Ensure that the price is trading either above or below all Moving Average values
3) Ensure that there is a Parabolic SAR entry point (ParLE, ParSE)
If all of these align then consider placing a trade.
