Forex High Accuracy Trading System & Strategy – Flexible RSI Momentum with Envelopes and Fisher MACD. This flexible RSI Envelopes is trading system based on the classic strategy RSI with Moving Average.
RSI Flexible trend momentum trading. RSI with envelopes is trading system based on the classic strategy RSI with Moving Average, Fisher MACD, and Envelopes Indicators.
RSI Flexible Trading Rules
In this new strategy i use the RSI envelopes with two moving averages.
This forex system is for intraday and swing trading.
Best Time frame : 30 min or higher.
- Moving Average LWMA 21 period close;
- Moving Average LWMA 50 period close;
- RSI & Envelopes,
- Fisher MACD.
Trading only in the direction of the trend
Trend up: MA21>MA50
Trend down: MA21<MA50
- Trend up: MA21>MA50
- RSI crosses upward Blue Envelope
- Fisher MACD Green Color
- Trend up: MA21<MA50
- RSI crosses downward Red Envelope
- Fisher MACD Red Color
Exit position is discretionary because with this method you can use more exit strategies. I preferred fast profit target because i have a good profitability.