What's new

RSI and 2 EMA Trading System

Agento

New Member
Pair: ANY
Time frame: 1H, 4H, daily
Indicators:

RSI 14

50 EMA

120 EMA

The primary trend determination. The trend is defined by the 50 EMA and EMA 120.

Up Trend 50 EMA >EMA120; down trend EMA 50<120.



Trade only signals from the RSI in the direction of the overall trend, so we are only interested in oversold signals (between 0 and 30) and in overbought (100 and 70).

The gold and red arrows the indicate where there was a good opportunity for traders to step into the market and to take advantage of the strong upward movements in the euro/dollar pair
 

Attachments

  • 1325383077.gif
    1325383077.gif
    29.7 KB · Views: 20

Create an account or login to comment

You must be a member in order to leave a comment

Create account

Create an account on our community. It's easy!

Log in

Already have an account? Log in here.

Members Online

Similar threads

Users Who Are Viewing This Thread (Total: 1, Members: 0, Guests: 1)

Top
AdBlock Detected

We get it, advertisements are annoying!

Sure, ad-blocking software does a great job at blocking ads, but it also blocks useful features of our website. For the best site experience please disable your AdBlocker.

I've Disabled AdBlock    No Thanks