Forex No Lag MA Filtered RSI Swing Trading Strategy
Forex No Lag MA Filtered RSI Swing Trading Strategy:
Non lag ma filtered by RSI is an overbought and oversold forex strategy.
Time Frame: 30 mim, 60min, 240min,
Currency pairs: USD/CHF, EURCHF, EYR/USD, USD/JPY, EUR/GBP.
Non lag ma indicator (40, filter 1.5);
Rules for Non lag ma filtered by RSI
After Relative Strength Index (RSI) touched oversold area(20) wait for the Non lag MA line appear blue color, close the candle then buy.Short Entry
SELL SİGNAL: After Relative Strength Index RSI touched overbought area (80) wait for the Non lag MA line appear red color, close the candle then buy.
Time Frame 30 min stop loss 18 pips profit target 25 pips.
Time Frame 60 min stop loss 25 pips profit target 30 pips.
Time Frame 240 min stop loss 50 pips profit target 50 pips.
For EUR/CHF ratio 1:1 stop loss but respect at the previous less of 10 pips.
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 No Lag MA Filtered RSI Swing Trading Strategy?
- Download Forex No Lag MA Filtered RSI Swing Trading 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 No Lag MA Filtered RSI Swing Trading 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”.