Forex Crossover Simple Steps Intraday Trading System with Adaptive RSI and Momentum to Consistent Profits (RSI)

Forex Crossover Consistent Profits Intraday Trading System with Adaptive RSI – Forex Crossover signal is a scalping system intrady trend following.

 
There are a wide variety of ways that traders use the Momentum indicator, but the vast majority of uses revolve around trading trends in some shape or another.
 
In developing a trading strategy around this technique, we will likely want to develop trade entries that trade in the direction of the trend. Thus we propose the following trading rules to test the effectiveness of the momentum indicator in picking out worthwhile trend trading opportunities.
 
Given that we would like to trade in the direction of the trend, we will combine the concepts behind the momentum indicator with a straightforward stop-entry system of trading into fresh highs and fresh lows.
 
Forex Momentum Indicator Strategy – Entry Rule:When the 12-Period Momentum Indicator are above 100—confirming that overall momentum and very recent momentum point higher—place a stop entry order to buy at the previous bar’s high plus one pip. When the 12-Period Momentum Indicator are below 100, place an order to sell at the previous bar’s low minus one pip.
 

 
Open any currency pair’s chart, 15M or 30M or 1H time frame.
 
This system works mainly with EUR/USD during US ( Blue Block on chart ) and Asian ( Green Block on chart ) sessions.
 
Metatrader indicators:

• Adaptive RSI,
• Momentum,
• Ma Crossover signal,
• MarketHours,
• Maket Watch,
• Money line indicator or I-Cai.During this time we will be looking for buy/sell signals according to the trading rules that will be explained in detail.

Working hours indicator is included to help you to know the correct working hours as shown in the screen shot above.

You can change the working hours from the indicator’s settings according your broker’s server time. Simply contact your broker and ask the support team about their GMT offset if you can’t know it from Metatrader’s Market Watch.

 

• Red Arrow
• Red Bar Market Wach
• Price cross below Corrected Average line
• Price below Adaptive RSI
• Adaptive RSI cross below Corrected Average line
• Momentum below 99.92 line

 

• Rlue Arrow
• Blue Bar Market Wach
• Price cross above Corrected Average line
• Price above Adaptive RSI
• Adaptive RSI cross above Corrected Average line
• Momentum below 100.08 line

 

Trailing – moving – stop loss, is another way to protect your profits. For example, with scalping systems like Forex loophole you can use a normal target according to support/resistance levels or pivots or Fibonacci or any other method. And at the same time set a trailing stop of scalping nature. Like, 5 – 10 pips.
 
This will help to maximize your profits and protect your trade.
 
Target is from 5 to 10 pips , Stop loss is from 30 to 50 pips.
 
Make sure that your broker allows scalping before using this system.