FREE DOWNLOAD “Forex RSI Momentum Divergence Trading System & Strategy” – Divergences are one of my favorite trading concepts because they offer very reliable high-quality trading signals when combined with other trading tools and concepts.
Trading NOTES
- DOWNLOAD these NON-REPAINT Tools For Making The Perfect Trade Entry (the best trading tools all traders MUST HAVE)
- Use a demo account or a small live account first to practice this trading system
- Time Frame: H1 or higher
- Currency Pairs: Any
MetaTrader Trading Indicators
- Momentum Divergencer
- RSI
How to install “RSI Momentum Divergence Trading System“
- Download “TraderVersity.Com-RSIMomentumDivergence” (Zip/RAR File).
- Copy mq4 and ex4 files to your Metatrader Directory …/experts/indicators/
- Copy the “TraderVersity.Com-RSIMomentumDivergence.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-RSIMomentumDivergence” trading system and strategy
- You will see “RSI Momentum Divergence Trading System” is available on your Chart
BUY Rules
- Momentum Divergence: Green line on the previous candles
- RSI line: Upward and above the level 55
SELL Rules
- Momentum Divergence: Red line on the previous candles
- RSI line: Down and below the level 45