CH Bollinger + RSI Swing

Overview

The strategy was created with the purpose of finding bottom reversals. The strategy uses the Bollinger Bands to identify volatility, and the RSI with Region Crossovers to determine when the price is starting to recover. This strategy is specifically tailored to short-term swing trading. Please note that the RSI being oversold on the 1-chart is not a usual occurrence. Therefore do not expect this strategy to trade every day, rather every 3-5 days.

As the strategy does not have any selling indicators, sell settings are a must. Recommended sell settings include:
Take Profit 9%
Stop Loss 3.5%
Trailing Stop loss percentage 1.5% arming 3%

We have left the configuration open so you can change the strategy according to your preferences!

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