Trend Following Trading with FGM RSI Profitable Strategy

FGM RSI Profitable Strategy is a trend following strategy for intraday or swing trading. It’s basedon trend and momentum indicators. This strategy is very simple and clear.

• Time Frame: 15 min or higher
• Financial Markets: any

• FGM
• GG Trend Bars
• Profitable strategy
• Relative Strength Index

• The price above the blue, aqua, and yellow lines
• Profitable strategy green color
• Relative Strength Index line upward and above 50

• The price below the blue, aqua, and yellow lines
• Profitable strategy red color
• Relative Strength Index line downward and below 50

• Exit position options:
  • Risk reward Ratio 1:2 or 1:3 (the initial stop loss on the previous swing)
  • For Long entry: when the blue line crosses the aqua blue (light blue line) from the top to bottom, close the trade.
  • For Short entry: when the blue line crosses the aqua line from the bottom to top, close the trade.
• It is important to apply this trading system on the trending market

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