Forex MA-RSI Filter Trading System is trend following trading method. These Templates are also good for trading with Binary Options.
Forex MA RSI Filter Trading System Metatrader Indicators:
- 2 sets of exponential moving averages, divided by three3(EMA) moving averages, the first 3 periods (orange red line), the second of 21 periods (magenta line) and the third of 55 periods (yellow line).
- Forexinn Anatoly a modified version of 3 Level ZZ Semafor, more a little dashboard of the trend direction;
- Dyamic Wave of Moving average arrow.
- Pivot Points Levels.
- RSI Filter
- Flat Trend
- FX Trend
BUY Rules
- 3EMA > 21 EMA and 55 EMA ;
- when appears a buy arrow of the Dyamic Wave of Moving Averages arrow indicator.
- RSI Filter is green
- Flat Trend green
- FX Trend Green
SELL Rules
- 3EMA < 21 EMA and 55 EMA ;
- when appears a sell arrow of the Dynaamic Wave of Moving Averages arrow indicator.
- RSI Filter is red
- Flat Trend red
- FX Trend red
Exit Position
- at opposite arrow;
- at the pivot points leveles;
- With profit target predetermined;
- Initial stop loss at the previous swing.