Fasten your seatbelts, crypto traders! We’re riding the fast lane of innovation and are thrilled to announce the latest feature in our ever-growing arsenal of trading tools: the combined EMA + RSI trading signal. This feature marks our first foray into combining technical indicators to generate more precise and powerful signals.
What’s the Combined EMA + RSI Trading Signal
The EMA + RSI signal combines the Exponential Moving Average (EMA) and the Relative Strength Index (RSI) – two popular tools that seasoned traders widely use.
But what does it do? In simple terms, the EMA + RSI trading signal operates by taking a short EMA (9) and a longer EMA (26) along with the short RSI (5). We use the moving average to get a direction and then use the RSI to confirm the trend. That means:
- Whenever there’s a bearish EMA crossover (short-term EMA crosses below the long-term EMA), we also check if the RSI is in selling territory (<50).
- For a bullish crossover (short-term EMA crosses above the long-term EMA), we verify if the RSI is in a buying territory (>50).
This combination might not generate as many signals as our “other features”stand-alone” signals, but the beauty lies in its precision.
The signals it generates will likely be much stronger indicators of potential market movements. By leveraging this signal, traders can gain high-quality insights to make informed decisions, enhancing the likelihood of successful trades.
And like all our other signals, the combined EMA + RSI trading signal is continuously calculated for all tokens.
How to Use the EMA + RSI Trading Signal
Using the new EMA + RSI trading signal is easy and intuitive.
This advanced tool is available for our Scalper and Expert tier users. Here’s a step-by-step guide to help you utilize this feature:
- Accessing the Signal through our web portal: Once you’ve logged into your account on CryptoKnowledge.info, navigate to the “Trading Signals” section. Here, you will find the new EMA + RSI trading signal in both the signal dropdown and the results table. The signals are updated continuously for all tokens.
- Email Alerts: We understand that you can’t always manually check the platform. Therefore, we’ve integrated this feature into our automated email service. You’ll receive an email alert instantly whenever the EMA + RSI trading signal triggers. This ensures you never miss a critical trading opportunity.
An Exciting Journey Ahead
What we’ve achieved today is just a taste of what’s yet to come. We’re already planning our next steps; they’re as exciting as this new feature!
On our roadmap are more powerful trading indicators, advanced configuration options, a revamped user interface, and the addition of more tokens. Each update aims to give you an enhanced user experience, richer insights, and more flexibility in navigating the crypto markets.
In our mission to deliver the best crypto trading platform, we’re not just adding features. We’re reinventing the trading experience, making it more intuitive, informative, and individualized. We aim to help you become a more effective trader with each update.
Stay tuned for our next exciting features as we continue on this journey. Our commitment to delivering the very best remains unwavering, and we are grateful for your continued trust and support. Here’s to a more empowered trading experience!