309# RSI Scalping

Ehlres-cog and Market pulse filter for rsi scalping

Submit by James 02/04/2013

Time Frame 15min.

Currency paird:any.

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 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

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

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.