62# Ema's crossover filtered by RSI with flat zone - TradingView Strategy -

Classic Trend Momentum Strategy

RSI as filter

Submit by Dimitri

 

Ema's crossover filtered by RSI with flat zone is a classic strategy to which I made a double modification to adapt it to the 10 and 15 minute time frame. The strategy is trend momentum based on the crossing of two exponential moving averages of 21 and 50 periods filtered by the RSI with period 50 and levels 53-47 to filter buy and sell signals.

 Ema's crossover filtered by RSI with flat zone
Ema's crossover filtered by RSI with flat zone

Setup Strategy

Time Frame 10 min or 15 min.

Currency pairs: Majors, Minors and indices.

Indicators TradingView

Exponential Moving Average 21 periods, close.

Exponential Moving Average 50 periods, close.

RSI 50 periods, close, level buy 54 – level sell 46. The area between levels 46 and 54 constitutes a flat zone.

Trading Rules

Buy

Ema 21 crosses upward ema 50.

 

RSI >54

Ema's crossover filtered by RSI with flat zone
Ema's crossover filtered by RSI with flat zone

Sell

Ema 21 crosses dowward ema 50.

 

RSI<46

Ema's crossover filtered by RSI with flat zone
Ema's crossover filtered by RSI with flat zone

Exit Position

Profit Target options:

on SR or Pivot levels. 15 30 pips depends on currency pairs, stop loss ratio 1:1.2.

 

Stop loss on the previous swing high/low.

Ema's crossover filtered by RSI with flat zone
Ema's crossover filtered by RSI with flat zone
Ema's crossover filtered by RSI with flat zone
Ema's crossover filtered by RSI with flat zone

Kumaresan Trading System

Submit by JanusTrader

 

Time Frame: 5min

Pairs: AUD/USD, EUR/USD, GBP/USD, GBP/JPY

 

 Focus on Bollinger band

 Look for RSI

 See the trend strength

 Arrow symbol .order of preference are 3, arrow, dot.

How to Trade:

For taking Long position:

 Bollinger Band is the first to consider i.e., Look for price oscillations in the band either in the top half or in the bottom half

 

Kumaresan system using rsi and bb

 Bullish signal is seen when the price is in the bottom half of the band on 4hrs, 1 hrs, 30 min, 15 min.

 If all are well, then see the free rsi in the next panel, it has to be in the converging mode frombottom and it has crossed in 5 min.

 Look for the 3 symbol in the chart.

 Enter BUY in the NEXT candle

For taking short position:

 Bearish signal is seen when the price is in the top half of the band on 4hrs, 1 hrs, 30 min, 15 min.

 

 

 If all are well, then see the FREE RSI in the next panel, it has to be in the converging mode from top in 15 min and crossed in 5 min.

 Look for the 3 symbol in the chart.

 Enter SELL in the NEXT candle.

Kumar System MT4.rar
compressed file archive 391.7 KB

 

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Comments: 1
  • #1

    Max (Friday, 31 May 2013 18:43)

    UN sistema simplemente fantastico, apenas estoy viendo la superficie, pero da muy buenas señales, lastima que no exista un manual.