RSI SwingRadar

🧠 Strategy Overview

This long-only strategy combines RSI/MA crossovers with ATR-based risk management, designed for cleaner entries during potential bounce phases — especially tuned for assets like XMR/USDT.

🔍 Core Logic:

- RSI Crossover: Entry occurs when the 14-period RSI crosses above its 14-period SMA, signaling a potential shift in momentum.
- Oversold Filter: The RSI must have been below a user-defined oversold threshold (default: 35) on the previous candle, filtering for bounce setups after a pullback.
- ATR-Based Stop/Target: Stop-loss is placed below the low by a user-adjustable ATR multiplier (default: 0.5×). Take-profit is calculated with a Risk:Reward multiplier (default: 4×).

These elements work in tandem — RSI crossovers give momentum confirmation, oversold filtering adds context, and ATR-based exits adapt to volatility, creating a compact yet responsive strategy.

📉 Visuals:

- Dynamic Bands: The chart displays the active stop-loss, entry price, and take-profit as colored bands for easy visual tracking.
- Clean Overlay: Designed with simplicity — only confirmed setups are shown, keeping noise low.

✅ Suggested Use:

- Works best on XMR/USDT or similarly trending assets.
- Best suited for pullback entries during broader uptrends.
- Adjustable for different volatility conditions and asset behaviors.

⚠️ Disclaimer
- This strategy is for educational and research purposes only.
- It does not guarantee profitability in any market.
- Always backtest, forward-test, and understand your own risk tolerance before using any
strategy in a live environment.
- Past performance is not indicative of future results.
- This script is not financial advice.