RSI increase and decrease filter
The filter By RSI (Rise/Rise) compares the new RSI with the previous one. It checks for the change in the indicator itself, not the change in price.
Add a filter to the task
Open up the task of creating or editing a Binance robot or a Bybit robot. — The Bybit robot In the filter block, select RSI (Rise/fall).
Field Active is missing. Set the filter for the pair the task is going to work with.
Set the calculation
The TF sets the time frame for the calculation. The initial value is 1 minute.
The Type of candles is either normal or Heiken-Ash. By default, ordinary candles are used.
Calculation On closing the bar or On crossing (every second). The first uses closed bars, the second takes into account the current unopened bar. In the new form, the mode P is selected (every second).
Period from 2 to 30 bars, by default 14.
The RSI channel boundaries in this form are not set. A separate RSI filter is used to check the levels.
When the filter allows action
RSI has risen from the previous value of solved long.
RSI is down allowed short.
RSI has not changed both directions are allowed.
Determine the meaning of the parameters
RSI growth can occur at different parts of the scale. The filter doesn't require a level 30 or 70 crossing. If you need to change the RSI and the level condition at the same time, it's separate checks in the filter set.
The directions rules above are for the deactivated Reverse field? is the initial state of the form. If you turn it on, the permissions for the long and short change places. The conditions of both directions and the same direction will remain the same.
Set the action when you exit the filter
Field When the filter is out refers to the situation when the task stops passing this condition. The new card has the Cancel Cycles option. The form also includes Sell by market and Sell by market with deviation (if indicated).
The filter can also affect a task that is already working: the exit from the condition transmits the selected command. Before you save, check the command's implications for your robot in the Binance or Bybit task description. — Binance tasks — Bybit tasks
Save and verify the task
Save the filter card, then check the rest of the conditions and parameters. Several filters should allow it to move at the same time. The filtering permission itself does not mean that the order has been sent or executed.
If the task mode supports the task without a basic signal, the filters can be involved in its start. So the conditions and the action you choose to take when you exit them should be checked before the robot starts.