Do you often enter trades too early… or worse, just before a reversal?
You’re not alone. Timing is everything in trading — and that’s where the Three Line Strike and RMI Trend Sniper strategy comes in.
If you’re looking for a reliable candlestick trading strategy that filters out noise and confirms trend direction with laser-like accuracy, this article is for you.
Whether you’re trading Bitcoin, forex pairs, or intraday equities, this trend-following breakout strategy helps you enter with clarity and exit with confidence.
🚀 Why Use the Three Line Strike + RMI Sniper Strategy?
This setup combines two powerful elements:
- IU Three Line Strike Candlestick Pattern: Detects strong price action reversal or continuation setups.
- RMI Trend Sniper Indicator: A modified RSI that confirms the strength and direction of the trend, filtering out false entries.
✅ Perfect for: BTC, ETH, Forex pairs, Nifty, Bank Nifty
✅ Timeframes: 15-min for scalping, 1H for intraday, 4H or Daily for swing trading
✅ Market Types: Works in crypto, stocks, futures, and forex
✨ Pro Tip: You can adapt this method for options trading too, especially for directional plays.
📊 Strategy Breakdown: Entry with Confirmation, Not Hope
🔎 What is the IU Three Line Strike?
The Three Line Strike pattern is a four-candle setup that indicates potential reversal or continuation. When it shows up at key support or resistance zones, it often leads to high-probability trades.
🔁 What Makes RMI Trend Sniper Powerful?
RMI (Relative Momentum Index) smooths price movements and uses a color-coded system (Blue = Bullish, Red = Bearish), helping you clearly see when the market sentiment shifts.
🛠️ How to Set This Up on TradingView
Step 1: Add IU Three Line Strike
- Go to TradingView
- Click Indicators → Search “IU Three Line Strike Candlestick Pattern”
- Add to chart
Step 2: Add RMI Trend Sniper
- Again, go to Indicators → Search “RMI Trend Sniper”
- Use settings:
14, 66, 30 - You’ll see a thick colored line hugging the candles (Blue = uptrend, Red = downtrend)
✅ Entry Conditions
Buy Setup (Long Entry)
- ✅ A bullish Three Line Strike pattern appears
- ✅ Pattern is formed above the RMI Trend Sniper line
- ✅ The four candles in the pattern are of similar size
- ✅ Timeframe: 1 Hour preferred
🎯 Entry: Enter a buy trade after candle confirmation
🔒 Stop Loss: Below the low of the 3-line pattern
🎯 Target: 1.5x the risk, or previous resistance
❌ Sell Setup (Short Entry)
- ✅ A bearish Three Line Strike pattern appears
- ✅ Pattern is formed below the RMI Trend Sniper line
- ✅ The four candles are uniform in size
- ✅ Timeframe: 1 Hour
🎯 Entry: Enter a short position once confirmed
🔒 Stop Loss: Above the pattern’s high
🎯 Target: Aim for at least 1.5x reward-to-risk ratio
⚠️ When NOT to Trade
- ❌ During high-impact news events (especially in forex or Nifty options)
- ❌ Low volume or liquidity zones
💡 Why This Trading Strategy Works
1. Pattern-Based Entries with Strong Validation
The Three Line Strike is a reliable reversal candlestick pattern, used by price action traders to detect sentiment shifts.
2. Clear Trend Confirmation
RMI Trend Sniper provides a non-choppy, visually intuitive confirmation — unlike RSI, which is often too noisy.
3. Scalable Across Markets and Timeframes
It works whether you’re day trading Bitcoin, swing trading forex pairs, or scalping NSE stocks.
4. Beginner-Friendly Visual Setup
Color-coded signals reduce analysis paralysis. Great for part-time traders who need clarity without overcomplicating things.
📈 Advanced Tips to Supercharge Results
- ✅ Add Volume Profile: Trade only when the pattern forms near high-volume nodes.
- ✅ Use EMAs (like 50 EMA): For extra trend filtering.
- ✅ Set Alerts on TradingView: Alert for Three Line Strike + RMI color flip = trade trigger.
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❓ Frequently Asked Questions
Q1: Is this strategy good for options trading?
Yes, especially for short-term directional trades when paired with option Greeks and volume data.
Q2: How accurate is it?
With strict rules and proper risk management, historical tests show a win rate of 60–70%.
Q3: Can I use this on lower timeframes?
Yes. 15-min charts work well for scalping, while 1H and 4H are great for swing trades.
Q4: What if only one indicator gives a signal?
Avoid the trade. Always wait for pattern + confirmation from RMI color shift.
💬 Final Thoughts
The Three Line Strike + RMI Trend Sniper strategy is a game-changer if you value confirmation over impulse. It’s simple, effective, and adaptable — everything a modern trader needs.
📌 Use this setup to:
- Enter trades with high accuracy
- Stay out during noise or sideways markets
- Build confidence and discipline
Start trading like a sniper — with precision, patience, and power.
