High Accuracy Double Buzzer RSI TC Strength of Momentum Trading Strategy.
Trading NOTES
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- Use a demo account or a small live account first to practice this trading system
This strategy is based on the Buzzer and RSI indicator. The combination of these indicators represents a complex but efficient system of filters for trend and momentum.
- Time Frame: M 15 or higher
- Currency Pairs: EURUSD, GBPUSD, USDJPY, GBPJPY, USDCAD, and AUDUSD
MetaTrader Trading Indicators
- Buzzer
- RSI TC New
- BUY SELL Alert
- ccDynamic Trend
- ASC Trend
BUY Rules
- The Buzzer (20) line green color
- The Buzzer (50) line green color
- Buzzer (20) line upward and above the Buzzer (50)
- BUY SELL Alert yellow color (arrow)
- RSI TC line green color and above the 50 line
- ASC Trend green color arrow
SELL Rules
- The Buzzer (20) line red color
- The Buzzer (50) line red color
- Buzzer (20) line upward and above the Buzzer (50)
- BUY SELL Alert yellow color (arrow)
- RSI TC line red color and above the 0 line
- ASC Trend red color arrow
Trading NOTES
- CCI NRP advanced alert MTF ( CCI period 14, price 5, OS 100, OB -100, this indicator is based on CCI. Stochastic
- RSI TC NEW (21, buy level 50, sell level 50, this indicator is also used in many strategies for binary options high/low).
- Exit position with ratio 1.18-1.3 stop loss.
- Place the initial stop loss on the previous swing.