342# RSI Cross alert Scalping System

Fast and slow RSI

Submit by Janus Trader 21/05/2013

 

Currency pairs:any.

Time Frame 15min.

b. Indicators used

RSI Cross alert:

fast RSI (5 period), slow RSI (14 period)

200 EMA

 

Trade only in the direction of the Trend.

The trend is determined by the moving average 200 if the price is greater than 200 ema is uptrend,f the price is less than 200 ema is downtrend.

 

Buy

up trend: Price >200 EMA;

Rsi Green vertical line.

 

Sell

up trend: Price <200 EMA;

Rsi Red vertical line.

 

Exit Position

Fast profit target.

Stop loss 10-15 pips.

 

Profit Target for pairs:

AUD/USD, USD/CHF, 7 pips profit target and stop loss 10 pips;

EUR/USD 8 pips profit target and stop loss 12 pips;

GBP/USD 10 pips profit target and stop loss 15 pips;

 


RSI Cross alert Scalping System
Trading System:RSI Cross alert Scalping System. This is a trend folllowing scalping system based on the indicator RSI cross alert: Fast RSI indicator(5) and slow RSI (14).
RSI Cross alert Scalping System.rar
compressed file archive 18.7 KB
RSI Cross alert Scalping System
RSI Cross alert Scalping System
RSI Cross alert Scalping System
RSI Cross alert Scalping System

 

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Comments: 2
  • #1

    Soren (Sunday, 03 January 2016 16:30)

    Hi Janus, thanks. That looks indeed interesting.
    How do I open this .rar file and can it be used for IB's platform for instance?

  • #2

    Godfreysekgoma (Wednesday, 06 July 2016 17:56)

    Can i please get the strategie

RSI Trading System