Your support is fundamental for the future to continue sharing the best free strategies and indicators.


208# Ribbon with RSI Strategy

Ribbon filtered by RSI and Precision Trend

Trend following Strategy

Submit by Alexander

 

Ribbon with RSI Strategy is a simple trend following strategy based on the ribbon filtered by RSI and Precision trend. The purpose of this strategy is to generate signals on the strength of the movement, trying to avoid the lateral phases for this purpose I have introduced the two filters, in other words you enter the movement in place, therefore, you can subsequently enter once validated the setup also on the price retracement in the ribbon area.

Ribbon with RSI Strategy
Ribbon with RSI Strategy

This is a winning strategy with a profitability around the 65%.

This strategy is easily convertible into MT5 all indictors are readily available. Otherwise write to us.

Setup Strategy

Time Frame 15 min or higher, best time frame H4, H8, H12 daily.

Currency pairs: volatility currency pairs (AUDUSD, GBPUSD, GBPJPY, NZDUSD, GBPAUD, GBPCAD, AUDJPY, EURAUD, EURCAD.

Metatrader 4 indicators:

Ribbon period (26, 8).

MA crossover (26, 8).

Precision Trend (25, 2.8).

Color RSI 24 with levels of filter (52, 48). Buy above 52, Sell below 48.

Trading rules Ribbon with RSI Strategy

Buy

Price close above the green ribbon.

Buy arrow of Ma crossover.

Precision trend green bar.

RSI green line above 52 level.

To get into position all conditions must be met.

Sell

Price close below the red ribbon.

Sell arrow of Ma crossover.

Precision trend red bar.

RSI red line below 48 level.

To get into position all conditions must be met.

Exit position

Place initial stop loss below/above the previous swing high/low.

Profit Target ratio stop loss from 1:1 to 1:1.3.

15 min TP = 10-20 pips, 30 min tp= 15-25 pips, 60 min 25-50 pips, 4H.and daily 200 -500 pips.

Note: When all the conditions are met you can also evaluate whether to enter the retracement for examples when there is a long bar for entry setup.

 

Examples of trades.

Ribbon with RSI Strategy
Ribbon with RSI Strategy
Ribbon with RSI Strategy
Ribbon with RSI Strategy
Ribbon with RSI Strategy
Ribbon with RSI Strategy
Ribbon with RSI Strategy
Ribbon with RSI Strategy
Ribbon with RSI Strategy
Ribbon with RSI Strategy
Ribbon with RSI Strategy
Ribbon with RSI Strategy.rar
compressed file archive 76.4 KB
Comments: 0
Forex Strategies - Forex Resources - Forex Trading-free forex trading signals and FX Forecast › trading-system-metatrader-4-iv › 483-...
Thumbnail image
Trading with Ribbon Trader indicator. Submit by Buddy 15/08/2013.
This is a trend momentum trading system because is based on the trend indicators and ...
Forex Strategies - Forex Resources - Forex Trading-free forex trading signals and FX Forecast › 110-ribbon
Thumbnail image
Ribbon Trader. Submit by JanusTrader (author Marcuss). Timeframe: M15 or Higher.
Pairs:all. Enter: when price cross the ribbon. Emergency exit: when price  ...
Forex Strategies - Forex Resources - Forex Trading-free forex trading signals and FX Forecast › 72-support-and-resistence-with-ribbon
Thumbnail image
Support and Resistance whit Ribbon is an idea for intraday trading the purpose of this
trading system is find the short trend with levels, ribbon and momentum.
Forex Strategies - Forex Resources - Forex Trading-free forex trading signals and FX Forecast › 7-ribbon-explosion-of-profits-f
Thumbnail image
Ribbon Explosion of Profits Forex Strategy is a trend momentum strategy based on indicators of
trend and momentum that self-filter, managing to build a robust ...
Forex Strategies - Forex Resources - Forex Trading-free forex trading signals and FX Forecast › 187-step-ma-with-gann-ribbon
Thumbnail image
Step MA with Gann Ribbon Strategy is a trend following strategy based optimized for
15 min and 30 min time frame. This strategy is based only on two indicators ...
www.forexstrategiesresources.com › download › Action+trade+trading+style
Thumbnail image
File Format: PDF/Adobe Acrobat
When price rises from TF1 ribbon and TF1 ribbon starts rising above TF5 and
TF15 ribbons. (Strong Uptrend), it's very likely that this breakout to the upside will  ...
Forex Strategies - Forex Resources - Forex Trading-free forex trading signals and FX Forecast › jurik-metatrader-indicator
... Forex Invincible Signal Strategy · 185# Ichimoku Complex Strategy · 186# Power Trading System ·
187# Step MA with Gann Ribbon · 188# DZ Gold Strategy ...
Forex Strategies - Forex Resources - Forex Trading-free forex trading signals and FX Forecast › 19-action-trade
Thumbnail image
Look at example in chart 1. 2. When price rises from TF1 ribbon and TF1
 ribbon starts rising above TF5 and TF15 ribbons (Strong Uptrend), it's very ...
Forex Strategies - Forex Resources - Forex Trading-free forex trading signals and FX Forecast › scalping-forex-strategies-iii › 390-mo...
Thumbnail image
MA Ribbon alert,. Candle Time & Spread,. Ichimoku 360 V.8,. SSL fast bar alert MTF indicator(Gann Hilo)
. Buy. Price must above moving average (13, period),.
Forex Strategies - Forex Resources - Forex Trading-free forex trading signals and FX Forecast › 169-advanced-parabolic-sar-v-2
Thumbnail image