521# Non lag ma filtered by RSI

Non lag Ma indicator

 

Submit by Janus Trader 11/12/2013

 

Non lag ma filtered by RSI is an overbought and oversold forex strategy.

Time Frame: 30 mim, 60min, 240min,

Currency pairs: USD/CHF, EURCHF, EYR/USD, USD/JPY, EUR/GBP.

 

Forex Indicators:

Non lag ma indicator (40, filter 1.5);

RSI (7).

 

Rules for Non lag ma filtered by RSI

 

Long Entry

After Relative Strength Index (RSI) touched oversold area(20) wait for the Non lag MA line appear blue color, close the candle then buy.


Short Entry

SELL SİGNAL: After Relative Strength Index RSI touched overbought area (80) wait for the Non lag MA line appear red color, close the candle then buy.



Exit position

Time Frame 30 min stop loss 18 pips profit target 25 pips.

Time Frame 60 min stop loss 25 pips profit target 30 pips.

Time Frame 240 min stop loss 50 pips profit target 50 pips.

For EUR/CHF ratio 1:1 stop loss but respect at the previous less of 10 pips.

 

This forex strategy is simple and effective.

Non lag ma filtered by RSI (Template and indicator)
non lag ma filtered by RSI.rar
compressed file archive 9.6 KB

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