mpradeep.sm

BUY SELL Signal based on BB over RSI 14

I have applied Bollinger Bands over Relative strength Index ( RSI 14). based on crossovers, i am applying buy or sell. Also, exit indicator for buy/sell position. Please let me know your thoughts on this.

Declaimer: This is completely based on my knowledge and observations only. NOT A TRADING STRATEGY SUGGESTION. Please consider my post as just educational purpose only.
Sep 16
Notes de version: We should closely watch EMA's as well. So adding EMA9, 12 and 21
Sep 21
Notes de version: It is always good to know the candle patterns and on a run up inside bar will give inputs to trader ( to trade with prv. candle high as SL). Also, added doji candle. plotted only EMA 9 for better visibility.
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