Forex Accelerator RSX Strategy
Forex Accelerator RSX Strategy:
This is an day trading Trading System is based on RSX , Accelerator indicators combined with a trend indicator (Megatrend).
Currency pairs:any.
Time Frame:15M, 30M and 1H time frames.
Metatrader Indicators:
RSX (14 period)
Heiken Asci;
Megatrend indicator (80, period);
Accelerator indicator;
Pivot Points levels.
Rules for RSX and Accelerator indicator Intraday Trading System:
Enter a long trade when:
1 – Blue Candle ( Heiken Ashi indicator );
2 – Blue AC Bar ( Accelerator Oscillator indicator ) , best if it’s above 0.0 level;
3 – Blue RSX Bar ( RSX Indicator ) , best if it’s above 0.0 level;
4 – Blue Trend Line ( Megatrend indicator ).
Enter a short trade when:
1 – Red Candle ( Heiken Ashi indicator );
2 – Red AC Bar ( Accelerator Oscillator indicator ) , best if it’s below 0.0 level;
3 – Red RSX Bar ( RSX Indicator ) , best if it’s below 0.0 level;
4 – RED Trend Line ( Megatrend indicator ).
Exit Position options:
Close trade when you get an opposite signal ;
Close Trade when Accelerator indicator and RSX indicator get an opppsite bar;
Profit Target on the levels of the pivot poins levels (set stop loss 15 pips);
Place target profit to 15-30 pips. And set stop loss to be the same.
In forex a trading strategy is a fixed plan that is designed to achieve a profitable return by going long or short in markets. The main reasons that a properly researched trading strategy helps are its verifiability, quantifiability, consistency, and objectivity.
For every trading strategy one needs to define assets to trade, entry/exit points and money management rules.
How to install Forex Accelerator RSX Strategy?
- Download Forex Accelerator RSX Strategy.zip
- Copy mq4 and ex4 files to your Metatrader Directory / experts / indicators /
- Copy tpl file (Template) to your Metatrader Directory / templates /
- Start or restart your Metatrader Client
- Select Chart and Timeframe where you want to test your forex strategy
- Load indicator on your chart
How to uninstall Forex Accelerator RSX Strategy?
To shut down an indicator, one has to remove it from the chart. At that, its drawing and recalculation of its values will stop. To remove an indicator from the chart, one has to execute its context menu commands of “Delete Indicator” or “Delete Indicator Window”, or the chart context menu command of “Indicators List – Delete”.
