617# MA RSI Scalping
RSI Scalping Strategy
MA RSI Trigger filter
Submit by FreddyFX
MA RSI Scalping is a simple strategy for intraday trading based on three MA RSI indicators filtered by MA RSI trigger.
The main feature of this template is two fast MA RSI with one slow MA RSI that when are agree generates the signals buy or sell.
Time frame 15 min.
Currency pairs: GBP/USD, EUR/USD, AUD/USD, USD/CAD, USD/CHF, NZD/USD, GBP/JPY.
Metatrader 4 indicators setting
MA RSI, MA period 5, RSI period 30 RSI level 50.
MA RSI, MA period 2, RSI period 30 RSI level 50.
MA RSI, MA period 50, RSI period 30 RSI level 50.
Pivot points levels.
MA RSI Trigger period rsi 20, period long rsi 30, ma period 20. n ma long period 30.
Trading Rules MA RSI Scalping
Buy
MA RSI, MA period 5, green line.
MA RSI, MA period 2, green line.
MA RSI, MA period 50, green line.
MA RSI Trigger filter line above 0 level.
Make profit at the levels of pivot points line.
Close position when one ma RSI line changes direction from green to red.
Sell
MA RSI, MA period 5, red line.
MA RSI, MA period 2, red line.
MA RSI, MA period 50, red line.
MA RSI Trigger filter line below 0 level.
Make profit at the levels of pivot points line.
Close position when one ma RSI line changes direction from red to green.
In the pictures MA RSI Scalping in action.
Share your opinion, can help everyone to understand the forex strategy.
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