667# Turbo Trading

3C Turbo JRSX: trading idea on retracement.

Submit by Frank 25/12/2015

 

Turbo Trading is a trading system for swing trading based on Turbo JRSX and RSI filter this is a momentum strategy with Low Risk trading approach and Buyng/Selling on trend retracement in direction of trend.

The trend is determined by the concordance of the two RSI below the graph.

When the two RSI are colored blue the trend is up.

 

When the two RSI are red, the trend is down.

Time Frame 30 min or higher.

Financial markets: any.

 

Metatrader Indicators:

3C Turbo JRSX 9 period with ma (3 period smoothed).

RSI Filter 14 periods (close),

RSI 21 periods (close),

 

Trading Rules Turbo Trading

Trades only in the direction of the trend.

 

Buy

When the 3C Turbo JRSX touches or broken the 30 level wait that JRSX crosses upward the MA;

Buy if:

RSI filter (14 period) and RSI (21 period) are with bar blue color .

 

Sell

When the 3C Turbo JRSX touches or broken the 70 level wait that JRSX crosses downward the MA;

Sell if:

RSI filter (14 period) and RSI (21 period) are with bar red color.

 

Not trading when the two RSI do not agree.

An additional filter is to trade only in the direction of the daily trend.

 

Exit position.

This is a method of trading that goes on retracements then the stop and profit from changing the way that traders apply.

 

This is a trading idea on retracement.

In the pictures Turbo Trading in action.

In the pictures Turbo Trading in action.
In the pictures Turbo Trading in action.
Turbo Trading
Turbo Trading
Turbo Trading is a trading system for swing trading based on Turbo JRSX and RSI filter this is a momentum strategy with Low Risk trading approach and Buyng/Selling on trend retracement in direction of trend.
Turbo trading.rar
compressed file archive 3.3 KB

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Comments: 1
  • #1

    Murundelger (Tuesday, 09 February 2016 17:18)

    Very good Strategy!

    Thx Frank.