115# Trading Systen with RSI and ROC
Trading System with Rate of Change (ROC) and Relative Strength Index (RSI)
Submit By MJ 20/01/2014
Trading System with Rate of Change (ROC) and Relative Strength Index (RSI) is a trend-Momentum forex strategy. The indicator used are:
Relative Strength (RSI Index) attemps to determine when a currency pair is in Overbougth or Oversold position and itìs show also the force (periods 14).
Relative Strength (RSI Index) attemps to determine when a currency pair is in Overbougth or Oversold position and itìs show also the force (periods 14).
Rate of Change (ROC) mesure how fast the current price is changing in relation to past price target (that you choose ,periods..) It'is a price momentum indicator (periods 30).
Rate of Change (50 periods).
Exponential Moving Average Smoothes, ,(period 9).
Exponential Moving Average, EMA,(period 25).
Time Frame Daily.
Currecy pair:Any.
Rules for TradingSysten with RSI and ROC
Buy
EMA Smoothed 9>EMA 25;
Rate of Change ROC ( periods 30) >0;
Rate of Change ROC ( periods 50) >0;
Relative Strength (RSI Index)>50.
Sell
Buy
EMA Smoothed 9<EMA 25;
Rate of Change ROC ( periods 30) <0;
Rate of Change ROC ( periods 50) <0;
Relative Strength (RSI Index)<50.
Stop loss
Initial Stop loss 150-200 pips, after 100 pips in gain move stop loss at the entry price.
Profit Target
Profit Target 150-200 pips depends by currency pair or Trailing Stop discretionary.
Trading with RSI and ROC Momentum
Write a comment
asaens (Monday, 20 January 2014 21:39)
recheck your RSI rules