Nemo Channel Rider RSI Adaptive Pullback Buys
- Indicatori
- Versione: 1.0
- Attivazioni: 5
Channel Rider RSI — adaptive pullback buys inside rising channels
Fixed RSI 30/70 levels fail in trends: a strong instrument never reaches 30, so you never buy the dip. Channel Rider RSI fixes that with a rolling-percentile RSI — it defines "oversold" from the asset's own recent behaviour, so the signal keeps working whether you trade a quiet blue-chip or a volatile index.
▶ THE THREE-FILTER ENTRY
1. Rising channel — linear-regression lines on highs and lows must both slope upward. No signals in downtrends or chop.
2. Pullback to base — price must trade back near the lower channel line, the high-probability discount zone.
3. Relative oversold — RSI at or below its lower rolling percentile (default 20th), i.e. cheap for this market right now.
▶ WHAT YOU GET
• Live channel drawn on the chart (base + top).
• Lime buy-arrow at qualifying pullbacks, with a stop below the last swing and a target at the channel top / 1.5R.
• Popup alerts on new signals.
• Adjustable RSI length, channel window, percentile lookback and threshold.
▶ TESTED, NOT PROMISED
Over a 2-year daily backtest on 17 markets it was the best all-round performer of our set — 46% hit rate and the highest aggregate return, with the cleanest results on Gold and large-cap Brazilian stocks (up to ~67% wins). Historical study numbers only; markets change and profit is never guaranteed. Treat every signal as a candidate, not a command.
▶ RECOMMENDED USE
Trade it only in confirmed uptrends, risk a fixed percentage per position, and respect the plotted stop.
▶ FAMILY
Part of the NemoSystems toolkit — check my profile for StatGuard, Order Blocks, Apex Trend, Market Structure and more.
Educational tool. Not financial advice. Past behaviour does not guarantee future results.
