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The Multi time frame RSI + Momentum strategy makes use a very combination of RSIs in different time frames accompanied by a momentum indicator to spot potential reversals of the price.
Since it requires an important retracement or bear market to open trades, it won't open many positions in low volatile markets. It will trade more frequently during bearish markets.
Trading frequency:
Since it requires a confirmation from several indicators to open a position, the frequency is not high. However, if you have selected many coins in your coin list, unless the markets are very volatile, the frequency will increase.
Market conditions:
This strategy performs in up and downtrend markets. Although, it will open more trades and obtain better results during when a retracement takes place.
If you have any questions about this strategy or any other of our marketplace products, you can reach out to us by sending an email to marketplace@cryptohopper.com
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