640# Quantum Scalping with RSI

Submit by joy22

Quantum Scalping with RSI stems from the need to try to have a strategy that does not have one cycle or more cycles (quantum group) closed faster. Need matured by some traders who sent me this request. But beyond this request I already had an idea of making a quantum strategy faster and, in any case, profitable. The template that  I present have a basis for approaching this fascinating kind of fairly profitable non-directional trading that escapes the logic of conventional algorithmic analysis.

I consider this type of high-level strategy because it imposes on the mind a quantum logic not tied to the search for the trend, the breakout and the reversal, we assume a zig and zag direction of the price without a defined cyclic structure of the values underlying the movement. The logic used to capture these indefinite zig and zag movements is the use of extreme RSI signals filtered by a quantum fibo channel.

The function of the Fibo Quantum Channel is to divide the space into channels based on Fibonacci levels dynamically. From the upper channels we will take short positions, from the lower channels long positions.

Time frame 1 min and 5 min.

 Currenncy pairs: Majors, Minors with low spreads, Indices and Commodities.

Metatrader 4 Indicators

RSI Signal (period 2, 98, 2).

Extreme RSI (14 perid).

Quantum MA Fibo channel (300, 2, 100).

MA simple median (100 period).

Quantum Stochastic obos (100, 3,3,3) optional.

Changer Symbol.

Trading Rules Quantum Scalping with RSI

Buy

Take one or more positions when RSI arrows are formed in the lower channel. Or alternatively from the first open position you can start a grid with up to five levels, with the distance n pips based on the time frame and the currency pair (for example EUR / USD 5 pips). All the open positions will be closed to the central line of the channel, or to the opposite arrow if positioned outside the lower channels.

Sell

Take one or more positions when RSI arrows are formed in the upper channel. Or alternatively from the first open position you can start a grid with up to five levels, with the distance n pips based on the time frame and the currency pair (for example EUR / USD 5 pips). All the open positions will be closed to the central line of the channel, or to the opposite arrow if positioned outside the upper channels.

Stop loss

This strategy does not provide for stop loss but a safety stop I advise you to insert it in case of unexpected events.

Note

It is advisable to choose currency pairs that a time frame 4H are in the lateral phase, so I recommend using a good Currency Strength and choosing the currency pairs that have no directionality.

Alternatively you can apply the template from 17:00 GMT Berlin at the 8:00 GMT Berlin.

It is however advisable to trade on currency pairs in range market at 4H Time Frame.

In the pictures Quantum Scalping with RSI in action.

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