686# Moderate Swing Trading
RSI Channel trading in trend
Submit by Louis 26/05/2016
Moderate Swing trading is an simple strategy based on the moving averages and rsi channel indicator. This is a swing strategy but but a quick profit goal.
Time frame 30 min or higher.
Financial markets: any.
Exponential moving average 50 smoothed, close;
Exponential moving average 21 smoothed, close;
Exponential moving average 11 smoothed, close.
RSI Channel (RSI Channel by Madlen):
RSI period 2;
high/low period 9;
T 3 period 9;
Moderate Swing Trading rules
The first rule for this forex strategy is find always the best conditions for trading,
for this are:
RSI Channel buy arrows confirmed by M11>M21>M50; M21>50
RSI Channel sell arrows confirmed by M11<M21<M50; M21<50
Profit target 15-20 pips TF 30 min.
Profit target 20-25 pips TF 60 min.
Profit target 25-50 pips TF 240 min.
Profit target 50-100 pips TF 1440 min.
Stop loss the same value of profit target.
In the pictures Moderate Swing Trading in action.