RSI Stochastic Oscillator Forex Trading System and Strategy

RSI Stochastic Oscillator Forex Trading System is a momentum force Trading System.

The RSI indicator provides a relative evaluation of the strength of the currency pairs recent price performance, thus making it a momentum indicator.

The stochastic oscillator is a momentum indicator comparing the closing price of the currency pairs to the range of its prices over a certain period of time.

• Time Frame: M30 or higher
• Currency Pairs: EURUSD, GBPUSD, USDJPY, and all major pairs

• RSI
• Stochastic Oscillator
• PBF Fast 3MAs

• RSI is above the level 50 line
• The black Stochastic line has crossed up the gray Stochastic line and they are above the level 20 line
• PBF Fast 3MAs blue color

• RSI is below the level 50 line
• The black Stochastic line has crossed down the gray Stochastic line and they are below the level 80 line
• PBF Fast 3MAs red color

• Use a demo account or a small live account first to practice this trading system
• Best Risk Reward Ratio 1:2 or 1:3

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