Forex Advanced RSX Scalping Strategy
Forex Advanced RSX Scalping Strategy:
Time Frame 5 min, 15min, 30min, H1.
Currency pair: all.
Forex Indicators:
RSX (6);
CFB Adptive RSX (default);
RX5Bars;
MH Arrow;
Fractal (for swing stop loss).
Long Entry
Green Arrow is confirmed by green candles and RSX>CFB Adptive RSX.
Short Entry
Red Arrow is confirmed by red candles and RSX<CFB Adptive RSX.
Exit position
Exit when the candle changes colour.
Place Stop loss on previous swing.
Profit Target 5min TF (6 pips AUD/USD, 8 pips EUR/USD, 10 pips GBP/USD, Recommended).
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 Advanced RSX Scalping Strategy?
- Download Forex Advanced RSX Scalping 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 Advanced RSX Scalping 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”.
