76# RSI FLAT Trading System
Submit by Joy22 06/02/2012
Time Frame: DAILY Chart
Indicators
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5 SMA
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RSI (5)
Long Entry
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Buy when the price crosses over the 5 SMA and marks +10 pips up.
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RSI(5) > 60
Short Entry
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Sell when the price crosses over the 5 SMA and marks +10 pips down.
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RSI(5) < 40
EXIT STRATEGY
When reverse position or stop loss below or above the previous swing. Profit target Ratio 1:5
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Forex Trading System
