High accuracy “GBPUSD and EURUSD Forex Profit Fusion System” – The best combination of CCI and RSI indicator for intraday and swing trading.
RSI and CCI are the most frequently used and well-known momentum indicators in technical analysis.
In this article, I’ll show you the power of RSI 50 level. The RSI 50 level can be used as a strong tool to confirm the different kinds of trade setups from any trading system. Whether you use the candlestick patterns, support/resistance breakout, or any other trading system, you can consult the RSI 50 level to confirm your trade setups.
Let me show you some examples.
- Time Frame: H1 or higher
- Currency Pairs: GBPUSD and EURUSD
MetaTrader Trading Indicators
- RSI
- CCI
- Bollinger Bands
- Moving Average
BUY Rules
- RSI: Above the level 55 line
- CCI:
- Blue line > Red line
- Red line > Yellow line
- Moving Average: Price above the red line (5 SMA high)
SELL Rules
- RSI: Below the level 45 line
- CCI:
- Blue line < Red line
- Red line < Yellow line
- Moving Average: Price below the blue line (5 SMA low)