70# Advanced RSX Scalping Strategy Trading System
RSX Scalping System with CFB Adaptive
Submit by Joy22
Time Frame 5 min, 15min, 30min, H1.
Currency pair: all.
Forex Indicators:
RSX (6);
CFB Adptive RSX (default);
RX5Bars;
MH Arrow;
Fractal (for swing stop loss).
Long Entry
Green Arrow is confirmed by green candles and RSX>CFB Adptive RSX.
Short Entry
Red Arrow is confirmed by red candles and RSX<CFB Adptive RSX.
Exit position
Exit when the candle changes colour.
Place Stop loss on previous swing.
Profit Target 5min TF (6 pips AUD/USD, 8 pips EUR/USD, 10 pips GBP/USD, Recommended).
In the pictures RSX Scalping forex system in action.
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Write a comment
RXM (Wednesday, 28 December 2011 05:43)
This system looks consistent and profitable! Will be demoing it.
Wondering if anyone had any probability statistics for the system.