This is a great example of why it is helpful to scan through multiple RSI Calibration values when calibrating Ninja Signals V4 to fit a given chart. Different currency pairs and candle sizes often require different RSI Calibration values to maximize trading success. Often times, different RSI Calibration values may result in a significantly higher net profit, win-ratio, or both. In this particular example, we found that using a small RSI Calibration value of 2 resulted in both a significantly higher net profit and win ratio. We typically use RSI Calibration values of 2-12 when fitting Ninja Signals V4 to a chart. Smaller RSI Calibration values result in a larger number and frequency of trades, whereas larger RSI Calibration values result in a smaller number and frequency of trades. We hope you find this helpful and informative. Feel free to send us a message on TradingView if you have any questions. Happy Trading!

Ninja Signals V4 (Script)

Ninja Signals V4 (Strategy)