Triple RSI Trading Strategy: Boost Your Win Rate to 90% - Quantified Strategies (2024)

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Triple RSI Trading Strategy: Boost Your Win Rate to 90% - Quantified Strategies? ›

Today, we reveal a fresh perspective on RSI with the Triple RSI Trading Strategy. This innovative approach harnesses the power of RSI in a new and modified form, boasting an impressive 90% win rate. With just 83 trades since 1993, it may seem conservative, but each trade delivers a robust 1.4% gain on average.

Today, we reveal a fresh perspective on RSI with the Triple RSI Trading Strategy. This innovative approach harnesses the power of RSI in a new and modified form, boasting an impressive 90% win rate. With just 83 trades since 1993, it may seem conservative, but each trade delivers a robust 1.4% gain on average.

The Triple RSI trading strategy is a modified version of the RSI strategy with four key variables, three of which are based on the RSI. It focuses on mean reversion, and the trading rules involve conditions related to RSI readings, the 200-day moving average, and buying/selling signals.

If you're looking for a high win rate trading strategy, the Triple RSI Trading System is definitely worth checking out. This system uses three different Relative Strength Index (RSI) indicators to identify potential buy and sell signals in the market.

While the default period setting for RSI is 14, this may be fine tuned to better match market volatility. The strategic approach typically includes initiating trades when rsi signals hit overbought or oversold levels and strategically placing stop-losses and take-profits to catch peaks and troughs of the market.

As mentioned before, the normal default settings for RSI is 14 on technical charts. But experts believe that the best timeframe for RSI actually lies between 2 to 6. Intermediate and expert day traders prefer the latter timeframe as they can decrease or increase the values according to their position.

A 90% percentage strategy for stocks using these lines could be something like this: Identify a strong uptrend or downtrend in a stock using a higher time frame, such as daily or weekly. Draw a trend line connecting the higher lows in an uptrend or the lower highs in a downtrend.

One technical indicator that can be used in conjunction with the RSI and helps confirm the validity of RSI indications is another widely-used momentum indicator, the moving average convergence divergence (MACD).

Ict power of 3 is a strategy that reveal the market maker algorithm model for price delivery. Power of 3 simply means there are 3 things market makers algorithm do with price in ever trading days. Those 3 things are; Accumulation, Manipulation and Distribution. 1.

The triple exponential average (TRIX) indicator is an oscillator used to identify oversold and overbought markets, and it can also be used as a momentum indicator. Like many oscillators, TRIX oscillates around a zero line.

Who is the short seller with 90% win ratio? ›

David Capablanca has achieved a 90% success rate in short selling. His strategy includes signing up for promotional emails that pump stocks with weak fundamentals. Despite his success, experts warn that short selling is risky and not suitable for everyone.

A 100 percent trading strategy is an approach that involves investing all of your capital into a single trade. While this can be risky, it can also lead to significant profits if executed correctly.

One of the ways beginners can implement the most profitable trading strategies effectively is by embracing the buy-and-hold strategy. This involves researching companies with solid fundamentals and stable earnings, then holding their stocks for a long time without being swayed by short-term market fluctuations.

This strategy is commonly used both in forex and stock markets for reversal trading. when the rsi line reaches and crosses simultaneously at 3 rsi setups i.e at 7, 14, and 21, a signal is generated. This strategy works best in 1-hour timeframe. It provides over 60 to 80 percent accuracy in 1-hour timeframe.

Even better, we improve the strategy by adding one extra indicator. The trading strategy is really simple and reads like this in plain English: If RSI(2) is less than 15, then enter at the close. Exit on close if today's close is higher than yesterday's high.

Its main purpose is to identify overbought and oversold conditions. This strategy includes three exponential moving averages with periods of 9 (moving average 1), 55 (moving average 2), and 200 (moving average 3). The RSI setup should include a middle line of 50 as opposed to standard 30 and 70 levels.

By combining three different Relative Strength Index (RSI) indicators, you can potentially achieve a win rate of up to 90%. The three RSI indicators used in this strategy are the 14-period RSI, 7-period RSI, and 3-period RSI. Each of these indicators plays a crucial role in identifying market trends and momentum.

RSI is better than all moving average indicators, based on 2,880 years of backtesting data. Our research indicates that RSI outperforms moving averages with a 53% win rate vs. the SMAs' 12%. Both indicators have poor success rates and are not recommended for traders on standard charts.

Winning 30 out of 100 is a 30% win rate. Most professional traders have a win rate near 50% or less. They are profitable because they make more on winning trades than they lose on losing trades.

The 70/30 RSI trading strategy has two threshold levels

The RSI, which has a range from 0 to 100, is commonly used to identify overbought or oversold conditions in a market. The 70/30 RSI strategy involves setting two threshold levels on the RSI indicator: 70 for overbought conditions and 30 for oversold conditions.