Rainbow RSI: 5 Minute Scalping Trading Strategy That Works Like Magic ( Lux Algo )

High win rate indicator strategy for scalping crypto. Works very well on a 5 minute timeframe on Dogecoin. The Rainbow RSI by Lux Algo is an improved version of a regular RSI. The strategy also includes 2 other indicator to filter out fake signals - 2 EMA's and a Trend Meter. I backtested the strategy 100 times with a fixed risk per trade - 2% and 1:1.5 RR.

This video is related to TradingView indicators, Indicator Strategy, Scalping Strategy, Best Trading Strategy, RSI Trading Strategy, RSI Indicator, Day Trading Crypto, Scalping Crypto, Scalping Crypto.

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The information presented in this video is for educational and entertainment purposes only and is not financial advice. I am not a financial advisor. Trading can result in loss of funds. Individuals must consider all risk factors including their own personal financial situation before trading. All individuals are responsible for their own trades and investments.

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