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RSI candle system

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Old 17-12-2015, 22:48
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Join Date: Dec 2015
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Default RSI candle system

i share with you my system. it can be lucrative
short trades when 40 ema below 80 ema and long exact opposite

you need rsi candles and emas on mt4. these candles show cross above fifty green and cross below 50 red. I really like the one candle setups


so when 40 below 80 you see red candles down you want a few bounces up of green candles after this condition than take first red down. stop placement is discretionary open to suggestions. this gives positive negative reversal setups off of 50 rsi line similar to thoughts of Andrew cardwell

any questions let me know. I like it on 1 hour 4 hour daily
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