581# RSI Signal Trading System
RSI with two Ema filtered
Submit by RafiaFX 27/07/2014
RSI Signal Trading System is a trend momentum forex strategy for intraday trading.
Best Time frame H1 or 30 min.
Currency Pairs:majors (EUR/USD, GBP/USD, AUD/USD, AUD/JPY, USD/JPY, USD/CHF, GBP/JPY, EUR/JPY, USD/CAD).
Metatrader Indicators
ATR projections,
DT Zig Zag Laurer ( 5, 240);
DT ZZ nen (12, 0);
Vertical line move price;
T3 MA (8 , 1,3);
Fractal trend lines (25, up arrow 0.2, down arrow 0.2);
FF calendar New,;
Buy-Sell signal indicator:this indicator is formed by RSI 9 period, fast EMA 13 period, and slow EMA 21 period).
MACD 3m (3,9,3);
Multiindicator alerts;
RSI divergence petraus (29) with RSX (34, 5, 05).
Metatrader simple rules for RSI Signal Trading System
Long Entry
Divergence RSI line>RSX line;
Multincator alerts green bar;
MACD 3 m green bar.
Short entry
Buy- Sell signal red arrow;
Divergence RSI line<RSX line;
Multincator alerts red bar;
MACD 3 m red bar.
Exit position
Make profit at the levels pivot.
Ratio Stop loss 1.1.
Profit target predetermined
Initial stop loss at the previous swing.