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132# RSIOMA Filter Trading System


Submit by ForexStrategiesResources

 

Time Frame H1 or higher, best Time Frame H1 or H4

Pairs: all.

 

Indicators:

LSMA100

Parabolic Sar (0.01; 0.02).

Forex Trend

RSIOMA Filter

 

Long Entry:

Signal Arrow, confirmed by Sar dot below, LSMA 100 blue, RSIOMA Cross UP.

No To Entry Long if RSIOMA is > 85.

 

Short Entry

Signal Arrow, confirmed by Sar dot above, LSMA 100 red, RSIOMA Cross down.

No To Entry Short if RSIOMA is < 15.

 

 


Exit Position

When Parabolic Sar dot change position.

After 120 pips in profit to add trailing Stop ( 30 pips).

Place Stop Loss on previous Swing.

Or exit position H1 time Frame with Profit Target 150 pips EUR/USD, AUD/USD 120 and GBP/USD 180, EUR/JPY 180 pips, GBP/JPY 200 pips.

 


In the pictures RSIOMA Filter forex system in action.

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Comments: 1
  • #1

    Sparko (Thursday, 17 September 2015 18:02)

    I like RSIOMA - Fantastic Indicator.
    Like this indicator however the majority of the time it doesnt show an alert for the essential breaks - Alerts the chop nicely but rarely does it alert the beginning of the trend ....
    Has there been any developments on this - Nice work though - Excellent resource.

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