213# RBCI Forex System

Submit by Maximo Trader 11/05/2012

 

Time Frame 5 min or higher

Currency pairs:majors

 

Forex Indicators

LWMA 4 High

LWMA 4 Low

21 EMA

50 EMA

RBCI

 

Long Entry

Condition:

Trade only in trend.

The Trend:

When H and L 4LWMA >21 Ema and 50 EMA .

 

Buy

Wait RBCI is below line acqua when crosses up aqua line place an buy.

 

Short Entry

Condition:

Trade only in trend.

The Trend: 

 When H and L 4LWMA <21 Ema and 50 EMA .

 


Sell

Wait RBCI is above blue line when crosses down blue line place an sell.

 

Profit and Stop loss for 5 min TF

 

Profit5-10 pips (AUD/USD, USD/CHF, USDCAD, profit 6 pips, EUR/USD profit 7-8 pips, GBP/USD 9-10 pips)

Stop Loss9-12 pips

 


 

In the pictures RBCI Forex System in action.

 

Share your opinion, can help everyone to understand the forex strategy.

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