744# Oma Channel Trading System
Oma channel filtered by RSI filter strategy
Simple momentum trading, the power of momentum.
Submit by Lorenz 07/2017
Oma Channel Trading System is a momentum strategy filtered by RSI bar indicator.
This strategy is very simple, clear and easy for apply. Beginners friendly.
This strategy based on Oma Channel generates signals filtered very accurate.
Time Frame 30 min or higher, best time frame 4H and daily.
Currency pairs: EUR/USD, GBPJPY, EUR/NZD, GBP/USD, AUD/USD,
Oma speed 8.0, High/Low period 30,
PA Dynamic Cycle setting:
PA Cicle 1 3.0,
PA filer 1.0,
PA Cycles 2.0,
Pa Filter 2.0,
Period diviso 2.0,
Filter (RSI period 7).
Trading rules Oma Channel Trading System
Buy arrow of Oma channel.
RSI Filter blue bar.
Place initial stop loss on the previous low swing.
Sell arrow of Oma channel.
RSI Filter red bar.
Place initial stop loss on the previous high swing.
Take profit position is discretionary because this trading system is suitable at more solutions.
In the pictures Oma Channel Trading System in action.