573# RSI Colored with Gann Hilo Activator
Intraday RSI fx strategy
Submit by Crowfx 09/06/2014
RSI Colored with Gann Hilo Activator is a trend momentum strategy intraday.
This fx strategy is very easy.
First step go 4H charts and find the Currency pair in trend.
For trade choose the best currency in trend.
In the 4H char we have only Two exponential moving average (21 EMA and 144 Ema).
Up trend 21 EMA >144 Ema.
Down Trend 21EMA< 144 Ema.
Time Frame H1.
Currency pairs:EUR/USD, GBP/USD, AUD/USD, USD/CHF, EUR/JPY, GBP/JPY, AUD/JPY, NZ/USD.
Gann Hilo Activator Arrow ( install also ##Gannn Hilo Activator V.2##),
RSI colored (9,2 0,1),
RSI cololred (70,0,2,1).
Rules for RSI Colored with Gann Hilo Activator
Gann Hilo Activator blue Arrow,
RSI colored (9,2 0,1), green bar,
RSI cololred (70,0,2,1), green bar.
Gann Hilo Activator red Arrow,
RSI colored (9,2 0,1), red bar,
RSI cololred (70,0,2,1), red bar.
At the opposite arrow.
Profit Target predetermined that depends by currency pairs.
Initial stop loss on the previous Swing.
In the Example EUR /USD 4H chart Trend down. EMA 21<EMA144 )
go 60 min chart and trade only Sell when there are conditions.