581# RSI Signal Trading System
RSI with two Ema filtered
Submit by RafiaFX 27/07/2014
RSI Signal Trading System is a trend momentum forex strategy for intraday trading.
Best Time frame H1 or 30 min.
Currency Pairs:majors (EUR/USD, GBP/USD, AUD/USD, AUD/JPY, USD/JPY, USD/CHF, GBP/JPY, EUR/JPY, USD/CAD).
Metatrader Indicators
ATR projections,
Support resistance 4H;
DT Zig Zag Laurer ( 5, 240);
DT ZZ nen (12, 0);
Vertical line move price;
T3 MA (8 , 1,3);
Fractal trend lines (25, up arrow 0.2, down arrow 0.2);
RD Pivots line;
FF calendar New,;
Buy-Sell signal indicator:this indicator is formed by RSI 9 period, fast EMA 13 period, and slow EMA 21 period).
MACD 3m (3,9,3);
Multiindicator alerts;
RSI divergence petraus (29) with RSX (34, 5, 05).
Metatrader simple rules for RSI Signal Trading System
Long Entry
Buy- Sell signal blue arrow;
Divergence RSI line>RSX line;
Multincator alerts green bar;
MACD 3 m green bar.
Short entry
Buy- Sell signal red arrow;
Divergence RSI line<RSX line;
Multincator alerts red bar;
MACD 3 m red bar.
Exit position
Make profit at the levels pivot.
Ratio Stop loss 1.1.
Profit target predetermined
Initial stop loss at the previous swing.
In the pictures RSI Signal Trading System in action.
Happy trading this is a great fx system.
RSI Signal Trading
