342# RSI Cross alert Scalping System
Fast and slow RSI
Submit by Janus Trader 21/05/2013
Currency pairs:any.
Time Frame 15min.
b. Indicators used
RSI Cross alert:
fast RSI (5 period), slow RSI (14 period)
• 200 EMA
Trade only in the direction of the Trend.
The trend is determined by the moving average 200 if the price is greater than 200 ema is uptrend,f the price is less than 200 ema is downtrend.
Buy
up trend: Price >200 EMA;
Rsi Green vertical line.
Sell
up trend: Price <200 EMA;
Rsi Red vertical line.
Exit Position
Fast profit target.
Stop loss 10-15 pips.
Profit Target for pairs:
AUD/USD, USD/CHF, 7 pips profit target and stop loss 10 pips;
EUR/USD 8 pips profit target and stop loss 12 pips;
GBP/USD 10 pips profit target and stop loss 15 pips;
Share your opinion, can help everyone to understand the forex strategy.
RSI Trading System
40# MACD, RSI, 50 Ema and Pivot Points -
72# EMA's, RSI and Stochastic -
126# MACD With Laguerre RSI and EMA Channel - Forex ...
108# EMA's and RSI - Forex Strategies -
321# RSI Filter - Forex Strategies -
81# RSI Trend Following Strategy -
13# RSI and WMA - Forex Strategies -.
120# Trading System, EMA RSI Trend -
Ricardo de Lima (Sunday, 01 August 2021 22:40)
hello janus, the indicator doesn't seem to work with the VPS MQL5
Godfreysekgoma (Wednesday, 06 July 2016 17:56)
Can i please get the strategie
Soren (Sunday, 03 January 2016 16:30)
Hi Janus, thanks. That looks indeed interesting.
How do I open this .rar file and can it be used for IB's platform for instance?