RsiQ

Trading Bot Strategy Overview

The bot uses the Relative Strength Index (RSI) to generate buy/sell signals by detecting:

1. Overbought/Oversold Reversals (RSI crossing key thresholds).

2. Momentum Shifts (RSI direction changes confirming trend reversals).

Key Logic Breakdown

Buy Signals

The bot triggers a buy when either of these conditions is met:

1. Buy Signal 1 (Overbought Pullback):

2. Buy Signal 2 (Oversold Recovery):

Sell Signals

The bot triggers a sell when either of these conditions is met:

1. Sell Signal 1 (Oversold Bounce Rejection):

2. Sell Signal 2 (Overbought Reversal):

• Dual Confirmation: Uses 2 distinct RSI patterns per side (reduces false signals).

• Momentum Focus: Requires RSI directionality (rsi[0] >/< rsi[1]) to confirm reversals.

• Threshold Guardrails: Avoids extreme zones.