591# High Profitable Day Trading
Trend Momentum with RSI and triple Moving Averages.
High Profitable trading with Fischer, RSI and Moving Averages.
Submit by Lorenz
High Profitable Day Trading is a trend momentum strategy for intraday trading based on Moving Averages, RSI and Fischer indicator as filter. The main features of this trading system is that catch the intraday movement after that the price bounce on Support or Resistance.
Time Frame 15 min or 30 min or H1 swing.
Currency pairs: GBP/USD, USD/JPY, EUR/AUD, USD/CAD, EUR/USD, AUD/USD, GBP/JPY, AUD/JPY, NZD/USD, USD/CHF.
Metatrader Indicators:
Support and resistance indicator (default setting);
Exponential moving Average period (8) close;
Exponential moving Average period (13) close;
Exponential moving Average period (21) close;
RSI color (period 21, close) with alert (buy 50 sell 50);
Fisher 10 period close;
Fisher 25 period close.
Trading rules High Profittable Day Trading
Buy
Price close above Mas.
Support below the price.
MA8>MA13 optional MA8>MA21.
RSI line green color.
Fisher 10 period green bar.
Fisher 25 period green bar.
Initial stop loss on the previuos swing.
Make profit 15 min time frame 12-20 pips.
Make profit 30 min time frame 15-25 pips.
Sell
Price close below Mas.
Support below the price.
MA8<MA13 optional MA8<MA21.
RSI line red color.
Fisher 10 period red bar.
Fisher 25 period red bar.
Initial stop loss on the previuos swing.
Make profit 15 min time frame 12-20 pips.
Make profit 30 min time frame 15-25 pips.
In the pictures High Profitable Day Trading in action.
Share your opinion, can help everyone to understand the forex strategy.
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Mike (Wednesday, 27 June 2018 15:54)
Good system...
Tim (Saturday, 22 July 2017 10:49)
There two conditions that are not repaint:
RSI 21 ><50 and MA8><MA21.
The Fisher is a confirm, Post hoc ergo propter hoc.
barry (Friday, 21 July 2017 17:46)
Hi, harold.
Fisher_Yur4ik is a repainting indicator.
Here is an non-repaint version.
https://www.forexfactory.com/showthread.php?p=6216736#post6216736
harold (Friday, 21 July 2017 15:27)
Hi Lorenz , thanks for sharing , nice system!
Fisher indicators does repaint ?
thankyou!