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Title: Introducing @RsiBitcoin - Bitcoin RSI Tracker Post by: ImThour on February 25, 2022, 09:56:00 AM This thread is now merged with this thread: https://bitcointalk.org/index.php?topic=5387394.msg59363367#msg59363367
Title: Re: Introducing @RsiBitcoin - Bitcoin RSI Tracker Post by: ImThour on February 25, 2022, 02:37:40 PM Update @RsiBitcoin v1.1 (https://twitter.com/RsiBitcoin) A bot that tweets Bitcoin RSI Data every hour. 1. Added Media with Tweet inspired from Bitcoin Fear and Greed Index. 2. Reduced Characters in Tweet itself. https://i.imgur.com/KQiEDSW.png (https://twitter.com/RsiBitcoin/status/1497209322434179073) Open to feedback and suggestions. Title: Re: Introducing @RsiBitcoin - Bitcoin RSI Tracker Post by: ImThour on February 25, 2022, 10:08:40 PM Update @RsiBitcoin v1.2 (https://twitter.com/RsiBitcoin) A bot that tweets Bitcoin RSI Data every hour. Before vs After (19 Hours, 3 Updates) https://i.imgur.com/43juCx3.png (https://twitter.com/RsiBitcoin) Open for feedback and suggestions as always. Title: Re: Introducing @RsiBitcoin - Bitcoin RSI Tracker Post by: Ararbermas on February 27, 2022, 12:41:23 PM Why sell and neutral only? Sorry for this stupid question because i can't understand how it can help and the advantage of that bot.
Actually i am a trader also so I'm confused how useful that bot for tracking the relative strength index(RSI) in the market.. Can you elaborate more? Thank you. :) Title: Re: Introducing @RsiBitcoin - Bitcoin RSI Tracker Post by: teosanru on February 27, 2022, 12:54:32 PM Why sell and neutral only? Sorry for this stupid question because i can't understand how it can help and the advantage of that bot. It will go to buy and Overbought also if it goes below 40 & 20 respectively. Talking about using it, alone obviously it's a bit difficult to use it but along with other indicators and price action, you can plan on your trade. For example, if the price action is suggesting a bearish signal and also RSI is in the oversold region, the suggestion is to sell it your holding, while on the contrary if the market shows some bullish sign and RSI just crossed 60, chances are there can be a good bullish momentum so be ready to buy your cryptos. Alone obviously it's difficult to use it but along with other indicators it can be used. Actually i am a trader also so I'm confused how useful that bot for tracking the relative strength index(RSI) in the market.. Can you elaborate more? Thank you. :) Title: Re: Introducing @RsiBitcoin - Bitcoin RSI Tracker Post by: Luzin on February 27, 2022, 01:32:41 PM Update @RsiBitcoin v1.2 (https://twitter.com/RsiBitcoin) A bot that tweets Bitcoin RSI Data every hour. Honestly I change the RSI settings a lot and it's different every Time Frame. But I'm not entirely attached to RSI alone. There are some additions such as MA, BB, Parabolic SAR and several other trading prediction aids. Maybe this is new to me, but looking directly at a chart containing some combinations seems like it's going to be easier. But I understand some people have different ways and what you write is as useful as possible for forums. Title: Re: Introducing @RsiBitcoin - Bitcoin RSI Tracker Post by: palle11 on February 27, 2022, 02:37:33 PM Op you have done nice job to support your trade using RSI as focus. But you don't have buy signal only sell and neutral.
Honestly I use RSI as well, but what foundation do you define that? Can I know? Honestly I change the RSI settings a lot and it's different every Time Frame. But I'm not entirely attached to RSI alone. There are some additions such as MA, BB, Parabolic SAR and several other trading prediction aids. Maybe this is new to me, but looking directly at a chart containing some combinations seems like it's going to be easier. But I understand some people have different ways and what you write is as useful as possible for forums. Is good not to use only one indicator, using a backup indicators is good but to have indicators clustering your trading table will confuse you more and it looks like this is your situation now from your post. You need some reduction, focus on indicators that you are profiting on. |
