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14# RSI and 2 EMA Trading System

Submit by Forexstrategiesresources

Pair: ANY
Time frame: 1H, 4H, daily
Indicators:

The primary trend determination. The trend is defined by the 50 EMA and EMA 120.

Up Trend 50 EMA >EMA120; down trend EMA 50<120.

Trade only signals from the RSI in the direction of the overall trend, so we are only interested in oversold signals (between 0 and 30) and in overbought (100 and 70).

The gold and red arrows the indicate where there was a good opportunity for traders to step into the market and to take advantage of the strong upward movements in the euro/dollar pair.

Share your opinion, can help everyone to understand the forex strategy

Comments: 3

#3
fxviper (Tuesday, 27 March 2018 17:55)

Awesome easy to use system.
#2
excellent (Tuesday, 02 February 2016 16:52)

Thanks mate!
#1
SamRoy (Friday, 14 November 2014 10:14)

Very nice. Genuine Systems. Thanks

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