Weighted RSI
Last updated
Last updated
Weighted RSI is an Indicator that is unique and currently only available with Haasbot. This indicator uses the traditional RSI Indicator but applies the formula of the Weighted Moving Average to provide stronger Trade Signals than the traditional Relative Strength Index Indicator.
Exchange Website, of which you would like to monitor (Pro Tip: It doesn't have to be the same exchange you are currently trading on)
Currency Pair, of which you would like to monitor for trade signals.
Time Interval - The amount of time per each candle.
Trade Signals
RSI Length - The amount of candles that you want to calculate RSI
Length - Length of EMA
Buy Level (buy at and lower)
Sell Level (sell at and higher)
It is recommended to use this Indicator during sideways markets so that you catch the dips and rises to maximize your profit during a sideways market.
