Forex RSI ROC Trading Strategy

Forex RSI ROC Trading Strategy

Forex RSI ROC Trading Strategy;

Forex RSI ROC Trading Strategy

Trading System with Rate of Change (ROC) and Relative Strength Index (RSI) is a trend-Momentum forex strategy. The indicator used are:

Relative Strength (RSI Index) attemps to determine when a currency pair is in Overbougth or Oversold position and itìs show also the force (periods 14).

Relative Strength (RSI Index) attemps to determine when a currency pair is in Overbougth or Oversold position and itìs show also the force (periods 14).

Rate of Change (ROC) mesure how fast the current price is changing in relation to past price target (that you choose ,periods..) It’is a price momentum indicator (periods 30).

Rate of Change (50 periods).

Exponential Moving Average Smoothes, ,(period 9).

Exponential Moving Average, EMA,(period 25).

Time Frame Daily.

Currecy pair:Any.

Rules for TradingSysten with RSI and ROC

Buy

EMA Smoothed 9>EMA 25;

Rate of Change ROC ( periods 30) >0;

Rate of Change ROC ( periods 50) >0;

Relative Strength (RSI Index)>50.

Sell

Buy

EMA Smoothed 9<EMA 25;

Rate of Change ROC ( periods 30) <0;

Rate of Change ROC ( periods 50) <0;

Relative Strength (RSI Index)<50.

Stop loss

Initial Stop loss 150-200 pips, after 100 pips in gain move stop loss at the entry price.

Profit Target

Profit Target 150-200 pips depends by currency pair or Trailing Stop discretionary.

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 RSI ROC Trading Strategy?

  • Download Forex RSI ROC 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 RSI ROC 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”.

Download Free Forex RSI ROC Trading Strategy

Leave a Comment

Hey.lt - Nemokamas lankytojų skaitliukas