Forex Multi RSI Trading System and Strategy

This “Forex Multi RSI Trading System” is extremely accurate. Simplicity is key here. Trend identification is done by one of the most used forex indicator- RSI (Relative strength index), which is also used for entry timing (different settings applied).

• Time Frame: M15 or higher
• Currency Pairs: EURUSD, GBPUSD or any other currency pair with reasonable spread.

 

• Relative Strength Index
• BPS Support and resistance
• EMA Crossover Signal
• Moving Average
• Holy GukGukGuk

• Download “TraderVersity.Com-MultiRSI” (Zip/RAR File).
• Copy mq4 and ex4 files to your Metatrader Directory …/experts/indicators/
• Copy the “TraderVersity.Com-MultiRSI.tpl” file (template) to your Metatrader Directory …/templates /
• Start or restart your Meta Trader Client.
• Select Chart and Time frame where you want to test your Forex system.
• Right-click on your trading chart and hover on “Template”.
• Move right to select “TraderVersity.Com-MultiRSI” trading system and strategy
• You will see “Multi RSI Trading System” is available on your Chart

 

• Relative Strength Index:
  • both red line and blue line above the 50 level
  • the red line above the blue line
• EMA Crossover Signal: lime arrow
• Moving Average: 5 EMA > 13 EMA
• Holy GukGukGuk: green bars

 

• Relative Strength Index:
  • both red line and blue line below the 50 level
  • the red line below the blue line
• EMA Crossover Signal: magenta arrow
• Moving Average: 5 EMA < 13 EMA
• Holy GukGukGuk: purple bars

 

• Exit position:
  • when appears opposite arrow (speculative trade)
  • Profit Target predetermined, depends by time frame and currency, or ratio 1:2 stop loss.
• Stop loss on the previous swing

DOWNLOAD TRADING SYSTEM