309# RSI Scalping

Ehlres-cog and Market pulse filter for rsi scalping

Submit by James 02/04/2013

 

Time Frame 15min.

Currency paird:any.

 

Metatrader Indicators:

Market pulse indicator (10, 1, 20) with dll file;

RSI smoothed indicator (5,5,0,5,9,3) overbought: 0.5-1.05; oversold:-0.5-1.05:

Ehlres-cog (10 period).

 

Trade only when aqua line market pulse > orange line.

Buy

Market pulse aqua line> orange line;

RSI indicator in oversold Zone crosses upward;

Ehlres-cog crosses upward.

 

Sell

Market pulse aqua line> orange line;

RSI indicator in oversold Zone crosses downward;

Ehlres-cog crosses downward.

 

Exit position:

When Ehlres-cog crosses downward for buy, and, upward for sell.

Profit Target predetermined 8-14 pips pr on the pivot levels.

Stop loss 10-15 pips.

 


RSI Scalping libraries

RSI Scalping Metatrader libraries
RSI Scalping libraries.These dll files are important for to use this trading system
RSI Scalping libraries.rar
compressed file archive 733.1 KB
RSI Scalping Forex Indicators
RSI Scalping Indicators
RSI Scalping Indicators.rar
compressed file archive 21.5 KB
rsi scalping Template
rsi Trading System scalping Template
rsi scalping Template.rar
compressed file archive 2.3 KB

RSI Scalping Indicators

RSI Scalping Template

 

In the pictures below Market pulse filter for rsi scalping in action.

RSI Salping
RSI Salping
RSI Scalping
RSI Scalping

 

Share your opinion, can help everyone to understand the forex strategy.

Comments: 2
  • #2

    Forextradingstrategiesresources (Saturday, 14 September 2013 03:15)

    This idea is for 15 min. But, with ideas you can do whatever you want.

  • #1

    Hamood (Friday, 13 September 2013 16:29)

    Can it be used in other time frames, like M5 and M1. Thanks.

RSI Forex Strategies