RSI EMA Strategy - XWiseTrade by xwisetrade
By xwisetrade
Performance Metrics
- Author: xwisetrade
- Symbol: ICMARKETS:BTCUSD
- Timeframe: 5 minutes
- Win Rate: 21.7%
- Profit Factor: 0.533
Description
+++FOR EDUCATION AND CONCEPT VALIDATION ONLY+++THIS IS A CONCEPT-DEMONSTRATION STRATEGY. IT IS NOT FINANCIAL ADVICE, NOT A SIGNAL SERVICE, AND NOT A PROMISE OF REAL-WORLD RESULTS. BACKTEST RESULTS DO NOT GUARANTEE FUTURE PERFORMANCE. USE IT ONLY TO STUDY AND TEST HOW THESE CONCEPTS BEHAVE — DO YOUR OWN RESEARCH AND MANAGE YOUR OWN RISK.RSI pullbacks — but only in the direction of the trend.Buying every RSI oversold reading is how you catch a falling knife. This strategy uses a fast/slow EMA cross to define the trend first, then only takes RSI signals that go with it — pullback entries, not counter-trend guesses.Entry logic:•Long — fast EMA above slow EMA (uptrend) and RSI crosses up out of oversold•Short — fast EMA below slow EMA (downtrend) and RSI crosses down out of overboughtFeatures:•Dual-EMA trend filter on every entry•RSI exit-from-extreme as the timing trigger•Adjustable Risk : Reward — set your own RR and the target scales automatically•ATR-based stop, commission modeled•Trend background tint + entry markersBuilt around one idea: a pullback is only worth buying when the trend is already on your side.