Forex RSX Timing Swing Trading Strategy
Forex RSX Timing Swing Trading Strategy:
RSX Timing Trading system It’s a cycle momentum forex strategy.
Time Frame: any.
Currency pairs: any.
This System is a combination of two indicators:
RSX Timinig ;
Votro indicator.
How to Use RSX timing Trading System
Votro indicators gives a buy signal (Signal at the bottom) and Sell signal (Signal at the top);
Timing RSX gives a confirmation of signal given by Votro: Buy in return of 20 line and Sell to return of 80 line.
Take position= Signal of Votro+confirmation signal of RSX timig.
Rules for RSX Timing Trading System
Long Entry
Choose a time frame for your trade (best time frame 30 min or higher);
when votro indicator gives a buy signal you wait for a confirmation signal RSX Timing indicator;
Buy when RSX Timing indicator returns to line 20.
Short Entry
Choose a time frame for your trade (best time frame 30 min or higher);
when votro indicator gives a sell signal you wait for a confirmation signal RSX Timing indicator;
Sell when RSX Timing indicator returns to line 80.
Buy Profit Target
first profit target when RSX Timing reachs line 40;
secon profit target when RSX Timing reachs line 60;
3rd profit target: when RSCx timing reachs line 80;
last profit target when SXZ Timing after line 80.
Sell Profit Target
first profit target when RSX Timing reachs line 60;
secon profit target when RSX Timing reachs line 40;
3rd profit target: when RSCx timing reachs line 20;
last profit target when SXZ Timing after line 20.
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 RSX Timing Swing Trading Strategy?
- Download Forex RSX Timing 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 RSX Timing 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”.
