195# RSI DOT MMS
RSI Trading
Submit by Lucka 11/1172016
RSI DOT MMS is very interesting indicator based on double rsi up and down.
This indicator can be used for trading reversal and trend reversa for trading with Binary optitions high/low or without binary.
In these examples I show as to use this indicator for trading.
Trading with RSI DOT MMS with Binary Options.
Reversal
Time frame 15 min or higher
Expiry time 1-2 candles.
Financial Markets:any.
Indicators:
RSI DOT MMS: RSI UP period 2 level 5, RSI Down period 2 level 95. setting sessions: 00:00 – 24:00
Bollinger Bands (period 30, deviation 2).
Trading rules RSI DOT MMS
Buy
When the price broken the lower band of the bollinger band enter as appears the green arrow
Sell
When the price broken the upper band of the bollinger band enter as appears the red arrow.
Trading Reversal Trend
Indicators
RSI DOT MMS: RSI UP period 2 level 5, RSI Down period 2 level 95. setting sessions: 00:00 – 24:00.
RK-KCW8
Buy
When the price broken the lower bands first wait the green arrow of RSI DOT MMS after for enter wait the arrow buy of the RK-KCW8.
Sell
When the price broken the lower bands first wait the red arrow of RSI DOT MMS after for enter wait the arrow sell of the RK-KCW8.
Exit a the first opposite signal or with predetermined profit target at the levels of the Bollinger Bands.
These strategies can be managed with martingala.
Share your opinion, can help everyone to understand the forex strategy
Andreas (Wednesday, 12 April 2017 02:06)
Very interesting indicator also for forex.
great share.
Antony (Saturday, 12 November 2016 09:24)
Great share!! Thanks...
RK indicator with RSI good idea for trading.