MA-RSI MARUBOZU – The ONLY “Forex & Stock” Price Action Trading Strategy You Will Ever Need

MA-RSI MARUBOZU – The ONLY “Forex & Stock” Price Action Trading Strategy You Will Ever Need. If you know how to trade the Marubozu candlestick pattern, then you must have felt the power of this trading strategy in generating big profits in both the forex, stock and crypto markets.

But if you haven’t mastered the Marubozu candlestick trading strategy well, then in this video I will show you the Marubozu candlestick pattern trading strategy which of course will give you additional weapons to beat the market.

So, without further ado let’s get started.

A Marubozu candlestick is easily recognizable by its distinctive characteristics. It is defined by its high open or close price, distinguishing it from other candlestick patterns. Unlike traditional candlesticks, the Marubozu lacks wicks or shadows on either side, indicating that the highest or lowest trading point occurred at the end of the candle.

In a Full Marubozu formation, neither bullish nor bearish candlesticks possess wicks, illustrating that the asset price experienced a significant rally or decline and closed at its extreme without any wicks signaling high or low points before the candle closed.

The Bullish Marubozu candlestick pattern occurs in financial markets when a trading session opens at the lowest point of the day and closes at the highest point.

This indicates strong buying pressure throughout the session.

In essence, the price never goes down or if it does go down then the drop is very small below the opening level and ends at the top of that day’s trading range or if there is a decline at the close then the drop is very small.

This indicates significant bullish sentiment because there is no downward price movement after reaching its highest point.

The Bearish Marubozu candlestick pattern occurs in financial markets when a trading session opens at the highest point of the day and closes at the lowest point.

This indicates strong selling pressure throughout the session.

The point is that the price never rises or if it does rise then the increase is very small above the opening level and ends at the bottom of the day’s trading range or if there is an increase at the close then the increase is very small.

This indicates significant bearish sentiment because there is no upward price movement after reaching its lowest point.

The MA-RSI MARUBOZU trading strategy utilizes two indicators:

1. The Linear Weighted Moving Average (LWMA) and
2. The Relative Strength Index (RSI).

As previously discussed, the Marubozu candlestick pattern indicates a strong one-directional movement in the market, with a high probability of the trend continuing.

Traders utilize the Marubozu signal to maximize trading profits by entering the market based on Marubozu signals that align with the short-term trend indicated by the LWMA indicator and the momentum indicated by the RSI indicator.

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

• The 14-period LWMA line is sloping upwards, indicating a bullish trend in the market. Traders should not look for Marubozu pattern signals if the 14-period LWMA line is flat, as it suggests that the market trend has not yet formed.
• The 14-period RSI line is above the 50 level. This serves as an important confirmation that the market trend is indeed bullish. These two conditions are more than enough to provide strong reasons that if a trader finds a bullish Marubozu candlestick pattern, the bullish trend is likely to remain strong for some time.
• If a bullish Marubozu candlestick pattern forms, traders should immediately open a BUY position at the close of that Marubozu candle or at the opening of the next candle.
• Because this trading signal is very strong, traders can place a stop loss below the 14-period LWMA line or below the low of the bullish Marubozu candle. Traders can choose the smallest stop loss to maximize profit.

• The 14-period LWMA line is sloping downwards, indicating a bearish trend in the market. As mentioned earlier, traders should not seek Marubozu pattern signals if the 14-period LWMA line is flat, as it indicates that the market trend has not yet formed.
• The 14-period RSI line is below the 50 level. This serves as an important confirmation that the market trend is indeed bearish. These two conditions are more than enough to provide strong reasons that if a trader finds a bearish Marubozu candlestick pattern, the bearish trend is likely to remain strong for some time.
• If a bearish Marubozu candlestick pattern forms, traders should immediately open a SELL position at the close of that Marubozu candle or at the opening of the next candle.
• Because this trading signal is very strong, traders can place a stop loss above the 14-period LWMA line or above the high of the bearish Marubozu candle. Traders can choose the smallest stop loss to maximize profit.

As you’ve seen in these examples, it’s evident that Marubozu is a highly accurate candlestick pattern that can be relied upon by all traders, whether beginners or seasoned professionals.

In fact, these indicator settings are quite dependable even if you encounter price action signals other than the Marubozu pattern. This means you can also utilize the MA-RSI settings as an analytical tool when identifying other high-probability price action patterns such as the Pin Bar pattern and Engulfing pattern.

DOWNLOAD TRADING SYSTEM