q ExpertOption.com - RSI ExpertOption indicator

Strategy for the Expertoption.com using the indicator - RSI

Today we will consider a strategy based on the RSI indicator. Do not take it to complex, but also to the base it does not apply. If you have previously dealt with more basic indicators, such as: Bollinger Bands and Alligator, then you should not have any difficulties. Follow the steps below to successful use ...

Strategy (Step by step in photos).

Choosing the asset

1) We go to the Expertoptions broker trading platform and go to the asset selection menu, which is located at the top left of the platform.

Choosing the asset on the expertoptions.com

Tuning the asset

2) Already in the asset selection menu, in the Short tab we select Bitcoin and the end time of the transaction, which depends on your local time. After, click on the Apply button. We can also notice that with a winning transaction, the profit will be 89%.

Tuning the asset on the expertoption.com

Choosing the indicator

3) Next, we will choose the indicator and customize it. To do this, go to the tab in the top menu of the broker, where further selection will take place, and the indicator setting.

Choosing the indicator on the expertoptions.com

Selecting the indicator

4) In this window, we select RSI and go to setup.

Selecting the indicator on the expertoption.com

Tuning the indicator

5) Here we can adjust the period, level, color and width of the line. Not only on my personal recommendations, I advise leaving it as it is. You can adjust the color and width of the line for yourself for further convenient trading.

Tuning the indicator on the expertoption

The strategy itself

6) We go directly to the trade and strategy. You will need to wait for this behavior of the indicator when the purple line crosses the red from bottom to top. After you notice this, you need to put up.

Strategy on the expertoption.com

Trade result

7) You just have to pick up your winnings and enjoy the profit from a fairly easy strategy using the RSI indicator.

Making money on the expertoption

Summing up

I should note that this method of earning can also be used in other currency pairs. This example was considered on the Bitcoin asset. I hope this article helped you somehow, and you can turn your trading into a huge income.