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Expert RSI Oscillator follows the swings of a token. It buys when RSI climbs out of oversold and sells when it drops out of overbought. Signals fire when RSI leaves a zone, not when it enters it.

Signal settings in the Sonar app, with an example of where signals fire.

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When To Use It

Good For

  • Tokens that swing in a range
  • Trading reversals, not peaks and lows

Watch Out For

  • Trading reversals, not peaks and lows
  • Signals come after the reversal starts.

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Settings

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Set It Up

1

Open Create Strategy

Pick the chain, choose Buy or Sell, then Expert and RSI Oscillator. Add a name if you like, and press Continue.
2

Pick The Token And Size

Select the token and how much to trade, the source if more than one holds it, and the counter asset: the chain’s native token or a stablecoin.
3

Set The Signal

Candle timeframe, RSI period, and the buy and sell levels.
4

Set The Execution Size

A set share each time a signal fires.
5

Add Optional Parameters

Extra parameters, such as limits or a scheduled start. Skip them to run on defaults.
6

Set Strategy

It starts right away, or at your scheduled start.

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FAQ

When RSI leaves a zone, not when it enters it. A buy fires as RSI climbs back out of oversold, a sell as it drops back out of overbought.
In a strong trend RSI can stay overbought or oversold for a long time, and signals come late. It works best on tokens that move sideways.

Volume Response

Answer big trades harder than small ones.

How Strategies Work

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