1) RSI indicator, period = 7 (default) 2) EMA Body, period = 30
EMA Body
Step 1. The candle body size is calculated = abs(close-open) Step 2. The average size of a body of a candle is calculated. Only 30 last candles. EMA . Step 3. If the body of the current candle is less than a half of a body of an average candle, then such candle is ignored by strategy because too small.
Strategy
If RSI < RSI Limit and the body of a candle is more than a body of an average candle / 4 - to open long. If RSI > RSI Limit and the body of a candle is more than a body of an average candle / 2 - to close long. If RSI > (100 - RSI Limit) and the body of a candle is more than a body of an average candle / 4 - to open short. If RSI < (100 - RSI Limit) and the body of a candle is more than a body of an average candle / 2 - to close short.