Trend, RSI, and Break-of-Structure Triple Confirmation Strategy

Summary

This strategy requires three signals to align before entering: a fast EMA must be above or below a slow EMA, RSI must cross the configured directional threshold, and price must break the latest confirmed swing high or low. The script uses the EMA pair to define trend, RSI for momentum, and pivot levels for market structure. It then places an ATR-distance stop and a take-profit target set at a multiple of that distance.

The document supplies implementation details and chart alerts, but no backtest results or evidence that the chosen thresholds work across markets or timeframes. Pivot highs and lows are confirmed only after bars have elapsed, and the strategy’s simple bracket rules may behave differently under live execution, costs, or gaps. The author’s promotional claim is not supported by performance data in the document.

Key ideas

• A long signal requires bullish EMA alignment, RSI above its buy threshold, and a close crossing the latest swing high.
• A short signal requires bearish EMA alignment, RSI below its sell threshold, and a close crossing the latest swing low.
• The stop is placed one ATR from the signal close, while the target is a configurable ATR multiple away.
• The script plots signals and trade levels and provides alert conditions.
• The document contains no results establishing performance or robustness.

Tags

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