Results 1 to 2 of 32

Thread: Double RSI Flashpoint simple system

  1. #1
    Simple Flashpoint platform

    Easy Trading system constructed for TF, 5M,15M But may operate on 30M,1H,4H,D1 TF.
    EUR/USD works nicely but should work with other pairs.

    DISCLAIMER
    WARNING----------------------! ONLY DEMO TRADE THIS SYSTEM ! --------------------WARNING
    This program is still under very early testing stages and all responsibility for use is solely with the user and this can be known until you download or implement some sections of theory of this system.
    If anyone wants to try it out on a DEMO account and tweak it, it may do the job reasonably well.


    Indiors:
    Double EMA
    (RED= 5, -2, simple. Open)
    (BLUE= 5, 0, simple, shut )

    Double RSI
    (RED RSI Stage =36)
    (GREEN RSI Period =8)

    STOCHASTIC
    (5-3-3)

    ENTRY AND EXIT
    LONG ENTRY SL 5 pips below entry stage
    1 BLUE EMA crosses RED and tendencies upwards.
    Two RED RSI Must be above beige line, GREEN RSI should break RED RSI trend upwards.
    3 STOCHASTIC Indior has to be showing GREEN above RED and should have crossed the 20 mark (Do NOT take some long trades while the RED RSI line is below the ORANGE dotted line at stage 40)

    LONG EXIT
    Exits are best if BLUE EMA line flattens out and moves towards RED EMA, or you'll be able to use the Stochastic indior to depart a lengthy trade at the SHORT 80 mark or the 20 mark for brief trades.



    SHORT ENTRY SL 5 pips above entry point
    1 RED EMA crosses BLUE and tendencies down.
    Two GREEN RSI must penetrate RED
    3 RED Stochastic needs to be above green.

    EXIT. REVERSE of LONG EXIT. Other exits are possible and you should keep an eye out for the rebound of their green RSI off the 80 20 lines.


    Image is 15m TF USD/JPY
    https://www.forexsoutheast.asia/atta...1990204770.tpl

  2. #2
    Rasta. This seems profitable to me. I'm gonna' demonion it. For scalping good.

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •  
This website uses cookies
We use cookies to store session information to facilitate remembering your login information, to allow you to save website preferences, to personalise content and ads, to provide social media features and to analyse our traffic. We also share information about your use of our site with our social media, advertising and analytics partners.