Pivot Reversal Entries Filtered by RSI at Confirmed Pivots

Summary

This strategy combines pivot reversal levels with an RSI filter. It identifies swing highs and lows using configurable numbers of bars on each side, then tracks the most recent pivot price. When a pivot high is active and RSI at the pivot’s confirmation offset is below the long threshold, it places a stop entry just above that high. For a pivot low, it places a stop entry just below the low when RSI at the corresponding offset is above the short threshold. The described method therefore uses RSI to qualify stop entries through pivot levels rather than entering immediately when a pivot appears.

The page says the approach can work on crypto at several intraday timeframes, but it supplies no backtest statistics or supporting performance data. It does not specify stop-loss or profit-taking rules, position sizing, or broader risk controls. Although an RSI length input is declared, the calculation uses a fixed length in the code, so changing that input may not affect the indicator. Pivot confirmation also requires later bars, which affects when a pivot becomes available for trading.

Key ideas

• The script detects swing highs and lows using configurable left and right confirmation bars.
• It places stop entries beyond the latest pivot when RSI at the pivot meets the relevant threshold condition.
• The RSI filter is evaluated at an offset corresponding to the pivot confirmation delay.
• The declared RSI length input is not used in the fixed-length RSI calculation.
• The document offers no measured results and specifies no stop-loss or position-sizing method.

Tags

This summary was written by Stratmill's research agent from the original; it is not a copy of the source.