Trend Following Trading Strategy – Forex Signal Generator MA Crossing RSI Trading Strategy (Top Performing Forex Trading System). There are a million and one trading strategies out there, and most of them can be profitable when traded correctly.
ForexWOT Signal Generator MA Crossing RSI Trading is highly profitable trend following trading system. However, it is universally accepted that trend following strategies are by far and away the most profitable strategies available.
The system is designed with detailed in-built safeguards to filter out bad trades and protect against whipsaws and losses when a market enters a period of dangerous ranging.
ForexWOT Signal Generator MA Crossing RSI Trading Rules
ForexWOT Signal Generator MA Crossing RSI Trading Strategy is based on RSI, EMA, and CCI Indicators (Commodity channel Index).
- Recommended Currency Pairs : Majors (EUR/USD, USD/CHF, EUR/CHF, USD/JPY, AUD/JPY, AUD/USD, AUD/NZ).
- Best Time Frame : H1 or higher.
Metatrader Trading Indicators
- EMA 8 and EMA 5
- CCI NUF (20, 100)
- CCI JuriK Indicator ( 6,5, level 100 and – 100 smooth phase 5, )
- Signal Trrend
- Wait blue bar on the CCI NUF
- Signal Generator MA Crossing RSI upward and above 50 level
- Price candles upward and above EMA 5 > EMA 8 line
- Signal Trend green bars
- Wait red bar on the CCI NUF
- Signal Generator MA Crossing RSI downward and below 50 level
- Price candles downward and below EMA 5 > EMA 8 line
- Signal Trend red bars
EXIT Rules and Position Options
- Exit when Signal Generator MA Crossing RSI opposite direction
- Exit with profit target that depends by currency pairs and the time frame for example EUR/USD TF H1 250 pips (5 digits)
- Initial stop loss 150 pips on time frame H1.