Bollinger Bands with default settings. It will show the moments of the maximum deviation of the price from the average value.
The RSI, which will help determine the strength of the trend and the chance of its change. Apply the following settings: Period: 9, Overbought: 70, Oversold: 30.
Moving Average. It determines the current trend and is recommended to conclude trades in this direction. Set it up as follows: Period 2.
Trade UP when:
The moving average crosses the lower border of the Bollinger, and the candle closes with growth inside the channel.
The RSI line crosses the level 30 down.
Trade DOWN when:
The moving average crosses the upper border of the Bollinger, and the candle closes with a fall inside the channel.
The RSI line crosses the 70 level up.
The strategy demonstrates maximum effectiveness in the evening and at night, starting from the second half of the American session until the end of the Asian session. Wish you successful trading!