28# 4H Strategy: RSX and Murrey Math Trading System
Submit by Maximo Trader 19/01/2912
Use it with GBPJPY, USDCHF and GBPUSD. With the other pairs it's not well performing.
use these indicators:
5 SMA and 50
EMA are used only to spot support/resistance levels where we can have a change in the trend. RSX is used to identify overbought/oversold situations (using 80 levels). The same fo Final Draft
3 Semafor Alert.
The used timeframe is 4H. Beware of other
timeframes, because they are not well performing.
When you have an overbought/oversold situation with RSX, a signal from Final Draft 3 look for the nearest Murrey Math Level to go short/long.
Murrey Math and RSX.rar
compressed file archive [7.5 KB]