Forex Forums |

Go Back   Forex Lasers Forum > FOREX TRADING > Forex Systems

RSI candle system

Forex Systems

LinkBack Thread Tools Search this Thread
Old 17-12-2015, 22:48
Level 1 Lasers Member
Join Date: Dec 2015
Posts: 2
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
Attached Thumbnails
RSI candle system-rsi-system.jpg  
Reply With Quote

Thread Tools Search this Thread
Search this Thread:

Advanced Search

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are Off
[IMG] code is On
HTML code is On
Trackbacks are On
Pingbacks are On
Refbacks are On

Similar Threads
Thread Thread Starter Forum Replies Last Post
Trading with Just candle Stciks mueen2419 Forex Systems 1 20-04-2010 23:52
Weird MT4 candle wicks cabbagepicker General MT4 / MT5 discussion 4 09-06-2009 00:00

All times are GMT. The time now is 19:32.

Powered by vBulletin® Version 3.8.10
Copyright ©2000 - 2021, vBulletin Solutions, Inc.