These two indicators don’t repaint - meaning once a candle closes, the volume on that bar is fixed, and the StochRSI value won’t change either.

Regarding the screenshot I shared - the entry and exit points might not be perfectly precise if you analyze each bar in detail, but the overall idea should be clear. For example, if you see red volume bars of at least 1 million on the M5 timeframe and StochRSI crosses above the 80 level, that’s a signal to open a short. For a long position, look for green volume bars and StochRSI crossing below the 20 level.

The same applies to position averaging - if you want to open an additional order, make sure it meets the exact same indicator conditions as your initial entry. And remember, all positions should be closed based strictly on StochRSI signals - meaning long trades are closed when StochRSI reaches 80 or higher, and short trades are closed when it reaches 20 or lower.

This approach is specifically applicable to this particular coin(FARTCOIN/USD), as I haven’t found other assets that show such consistent price corrective behavior - even during trend movements.StochRSI also tends to respond very well to this coin’s structure, making it especially effective in identifying entry and exit points here.

Totally agree with you! All trades should ideally be opened and closed within the same day, while strictly sticking to your strategy rules. Right now, this setup is actually quite profitable and could even double your starting capital in a very short period of time — at least on this particular coin. If you enjoy taking on some risk or if you're using a small amount for trading - one you're mentally prepared to lose if things go wrong. But of course, the market is always changing.
If you're someone who’s okay with higher risk in exchange for higher reward, position averaging can be used. Just make sure you always keep enough margin available in your account to handle it. That said, since both entries and exits are based on StochRSI signals on lower timeframes, trades tend to close fairly quickly. But don’t forget to close your losing trades as well - if the indicator gives you an exit signal, take the loss. There might be a series of winning trades right after, don’t get greedy.

Hey everyone!
I’d like to share a simple yet surprisingly effective strategy that you might consider testing. It’s based on two standard indicators: Volume and StochRSI, and it works best on a low-volatility, range-bound asset like FARTCOIN/USD (available on exchanges like Binance, Bybit, Hyperliquid, etc.) - if you know other similar pairs, feel free to share them!

This coin tends to move in a channel, with frequent corrections and relatively low volatility — making it perfect for this type of setup.

Indicators Needed:

- Volume (already visible on most charting platforms)
- StochRSI with default settings (14, 14, 3, 3)

Volume Colors Explained:

Don’t confuse the colors:

- Red volume bars may signal local selling exhaustion and hint at a potential long opportunity.
- Green volume bars may reflect local buying exhaustion and point to a potential short opportunity.

These aren't entry signals on their own, but they help add confidence when used with StochRSI.

Timeframes:

This strategy is intended for intraday use and works best on shorter timeframes such as M3, M5, or M15.

On M5, use a 1 million volume threshold on the previous candle.

On higher timeframes (M15 and above), increase the volume threshold to 3–5 million for stronger confirmation.

Long Trade Setup (example using M5):

The previous candle has a volume ≥ 1 million, preferably a red volume bar.

StochRSI: both the fast and slow lines touch or drop below the 20 level.

Open a buy position at the open of the next candle.

Exit the trade when both lines cross above the 80 level.

Short Trade Setup:

The previous candle has a volume ≥ 1 million (or 3–5 million on higher timeframes, M15 for example), ideally a green volume bar.

StochRSI: both the fast and slow lines cross or rise above the 80 level.

Open a sell position at the open of the next candle.

Exit when both lines drop below the 20 level.

About the 20/80 Levels:

These levels (20 for oversold, 80 for overbought) are recommended defaults, but you can adjust them for your own precision.
Some traders prefer extreme settings like 0 and 100, which produce fewer but cleaner signals.
Adapt it to your risk profile and style.

Position Averaging:

You can add to your position when a new signal appears in the same direction, as long as the volume and StochRSI conditions are still valid.

This can:

- Help exit trades faster during strong price spikes or pullbacks.
- Provide better average entry price in range-bound action.

However, it increases your risk and requires a larger balance. Only use this if you’re aware of the potential drawdowns and have a proper risk plan.

Final Thoughts:

- This strategy uses non-repainting indicators.
- It performs well in sideways or channeling markets like FARTCOIN/USD.
- Stick to the rules - if your exit condition hits, don’t hesitate to close the trade (even at a loss).
- Position averaging is optional, not required.
- This setup is especially useful for capturing small, consistent price movements throughout the day - rather than aiming for large swings.
- This is a pure intraday strategy - trades open and close quickly. It’s not designed for swing trading or holding overnight.

Below is a screenshot showing how the strategy works in practice with the indicators applied:


If you have any thoughts about this strategy or know of any additional indicators that could improve it, feel free to share your feedback - I’d love to hear your ideas!