This strategy is named "Reversal Strategy Based on Fast RSI and Candlestick Colors". It uses the fast RSI to judge overbought/oversold levels and candlestick colors to determine trend direction, entering reversal trades when both give concurring signals.

The fast RSI has smaller parameters and can more quickly detect price overbought/oversold conditions. RSI below 30 suggests oversold state, while above 70 is overbought.

Candlestick colors show white prices closing near open, green represents rising and red flags falling prices.

The trading logic is:

When fast RSI shows oversold and 4 consecutive red candles appear, it is considered a strong reversal signal for going long.

When fast RSI overbought and 4 straight green candles appear, it signals a strong reversal opportunity for going short.

If already holding long positions, exit when 1 green candle appears. If holding short positions, exit when 1 red candle appears.

The advantage of this strategy is using indicator combos to accurately determine reversal signals. But strict money management is required due to heavy position sizing. Stop loss is also essential.

In summary, reversal trading relies on indicators precisely identifying timing. Reasonable application of RSI plus candlestick information can improve strategy performance. But no single strategy is perfect. Traders still need to maintain flexible trading mindset.