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RSI Price Action Multi Time Frame Trading System


RSI MTF Trading System – Forex RSI Price Action Multi Time Frame Trading System – This “RSI Price Action Multi Time Frame Trading System“provides a relative evaluation of the strength of a security’s recent price performance, thus making it a momentum trading strategy.

  • Time Frame: M15, M30, H1, H4, and D1
  • Currency Pairs: GBPUSD, EURUSD, USDJPY, and all major pairs

 

MetaTrader Trading Indicators
  • BBand Stop
  • MTF RSI

 

BUY Rules

Trading NOTES

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  • Price above the BBand Stop
  • MTF RSI line above 50 level

 

SELL Rules

  • Price below the BBand Stop
  • MTF RSI line below -50 level

 

Trading NOTES
  • This “RSI Price Action Multi Time Frame Trading System” is a very easy, simple, and high accuracy trading system.
  • The RSI is often used in conjunction with trend lines, as trend line support or resistance often coincides with support or resistance levels in the RSI reading.
  • Best Risk Reward Ratio 1:3

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One comment

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