MACD and RSI opposite crosses
For McDermott,
- When the signal line crosses the main histogram up level 0 , it is an opposite cross ,
- When the signal line crosses the main histogram downwards below level 0 , it is an opposite cross ,
For RSI,
- When the signal line crosses the main histogram up level 0 , it is an opposite cross ,
- When the signal line crosses the main histogram downwards below level 0 , it is an opposite cross ,
For RSI,
——When the indicator line crosses level 70 up , it is an opposite side cross ,
——When the indicator line crosses level 30 downward , it is an opposite cross ,
Trading system:
We count the cross number as , and when it reaches 3 or above, we open a position in the opposite direction.
The opposite crossover usually occurs after a sudden eviction move.
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