LONG RMA (LT-RMA)
Last updated
Last updated
LONG RMA (LT-RMA):
The LONG RMA strategy is based on the Relative Strength Index (RSI) for buy confirmation.
It aims to identify buying opportunities when the RSI indicator is above 40, indicating potential bullish momentum.
This strategy is designed to capture upward price movements by entering positions when the market shows signs of strength based on RSI readings.
It is suitable for traders looking to capitalize on bullish trends in the market while utilizing the RSI indicator as a tool for trade confirmation.
The LONG RMA strategy does not have predefined targets or stop-loss levels, focusing instead on generating entry and exit signals based on RSI conditions.
Here are the symbol meanings on the chart:
TP: Target
SL: Stoploss
LE: Long Entry (Call Option Buy)
SE: Short Entry (Put Option Buy)
DSE: Call Option Exit and simultaneously Put Option Buy
DLE: Put Option Exit and simultaneously Call Option Buy
STOCKS TIME 1 HOUR TARGET : 100% STOP-LOSS: 10% NO. OF SIGNALS IN A YEAR 10-20
Buy Logic:
This strategy is based on the RSI indicator for buy confirmation. It triggers a buy signal when RSI is above 40.
After entering the trade, there are no specific default target and stop-loss levels. The strategy generates entry and exit signals only.
In negative movements, the strategy exits positions quickly. However, during positive movements, it waits and holds positions for better returns.
Sell Logic:
The LONG RMA strategy does not have a sell logic defined in the provided description. It focuses on generating buy signals based on RSI conditions above 40.
