RSI 30/65 Recovery Strategy by simups
By simups
Performance Metrics
- Author: simups
- Symbol: KUCOIN:BNBUSDT
- Timeframe: 10 minutes
- Win Rate: 69.4%
- Profit Factor: 0.898
Description
RSI 30/65 Recovery StrategyThis is a long-only RSI reversal strategy. It does not open short positions.Buy conditionsA buy requires two steps:RSI crosses below 30, marking an oversold condition.RSI later crosses back above 30, confirming recovery.The strategy then enters a long position at the candle close.It does not buy immediately while RSI is falling below 30. This helps avoid buying into continued downside momentum.Sell conditionsA sell also requires two steps:RSI crosses above 65, marking an overbought condition.RSI later crosses back below 65, confirming weakness.The strategy then closes the long position at the candle close.