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MegaTrend RSI Trading System and Indicators


MegaTrend RSI Trading System is a trend-following indicator that can be used on any currency pair and works best in 15-minutes, 1-hour, 4-hour timeframe, or higher.

  • Time Frame: M15 or higher
  • Currency Pair: any

 

MetaTrader Trading Indicator
  • Megatrend Indicator
  • RSI filter
  • CCI line

 

BUY Rules

Trading NOTES

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  • MegatrendTrend Line blue color
  • RSI Filter blue color bar
  • CCI line above 50 level

 

SELL Rules

  • MegatrendTrend Line red color
  • RSI Filter red color bar
  • CCI line below -50 level

 

Trading NOTES
  • Initial Stop Loss on the previous swing
  • For Targets, you can also use a Fixed number of pips per trade or you can use support and resistance levels or Fibonacci levels
  • Best Risk Reward Ratio 1:2 or 1:3

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