RSI Strategy (Relative Strength Index) – To buy the bounces
• Tool: RSI set to 14 periods
• Rules:
• Buy when RSI < 30 (oversold) and starts to rise
• Sell when RSI > 70 (overbought) and starts to fall
• Confirmation: look for a green reversal candle after RSI < 30
• Stop loss: just below the low of the reversal candle
✅ Advantages: Simple, helps you buy at low points
⚠️ Warning: Avoid in strong downtrends — it may continue to fall
⸻
🔸 2. Moving Average Strategy (EMA Crossover) – To follow the trend
• Tool: Two exponential moving averages (EMA)
• EMA 9 (fast)
• EMA 21 (slow)
• Rules:
• Buy when EMA 9 crosses EMA 21 upwards
• Sell when EMA 9 crosses EMA 21 downwards
• Recommended timeframe: 15 minutes – 1 hour
✅ Advantages: Great for following trends
⚠️ Warning: Do not use in sideways markets — risks false signals
⸻
🔸 3. Support and Resistance + Volume Strategy – For breakouts or bounces
• Rules:
• Draw support and resistance on H1 or H4 timeframe
• If the price breaks a resistance with strong volume, enter long
• If the price bounces from a support with a strong candle, enter long
• Confirmation: Candle with a full body and increasing volume
• Stop loss: Just below the recently broken support/resistance
✅ Advantages: Good in all market conditions
⚠️ Warning: Volume is crucial, avoid breakouts without volume
⸻
🧠 Final Tips
• Do not overtrade: Better one good trade than ten impulsive ones
• Use demo or small amounts to test strategies
• Follow the news: Macro events can change everything (e.g. FED rates, ETFs, etc.)