Swing Trading Strategy

3 天前

This Swing Trading Strategy combines technical indicators and Fibonacci retracement levels to identify potential buy and sell opportunities in the market. It uses key tools like RSI, MACD, moving averages, and Fibonacci levels for precision and trend confirmation.

Key Indicators:
1. RSI (14): Identifies overbought (>70) and oversold (<30) conditions.
2. MACD: Detects momentum shifts with bullish or bearish crossovers.
3. Moving Averages: A short-term MA (50) and long-term MA (200) determine uptrends and downtrends.
4. Fibonacci Levels (0.382, 0.5, 0.618): Calculate dynamic support and resistance zones based on recent highs and lows.

Entry and Exit Conditions:
• Long Entry: In an uptrend, RSI < 30, MACD bullish crossover, and price within Fibonacci levels.
• Short Entry: In a downtrend, RSI > 70, MACD bearish crossover, and price within Fibonacci levels.
• Exits: Positions close if the trend reverses (via MACD) or RSI reaches extreme levels.

Visualization:

The strategy dynamically plots Fibonacci levels and moving averages for enhanced decision-making.

This strategy is ideal for swing traders, leveraging trend and momentum to identify profitable short- to medium-term opportunities.