H1 MoVa Trend RSI – Best Forex Moving Average Setting for H1 Time Frame ( The Most Effective Guide To H1 Forex Trading )

Forex H4 and H1 multiple time frame analysis and trading technique – Best Forex Moving Average, RSI, and MACD trading system for maximum profits.

ForexWOT.Com-H1MoVaTrendRSI is a Moving Average trading system for intraday trading based on Moving Average, RSI, and 3 Color MACD filter this is a momentum strategy with Low Risk trading approach and Buying/Selling on trend retracement in direction of trend.

Forex-Moving-Average-RSI

 

The trend is determined by EMA 10, GANN SSL 4 HR (Moving averages and GANN SSL 4 HR can be used to identify the direction of a trend, to smooth out price movement and are also used as support and resistance), 3 Color MACD, and the concordance of the two RSI below the graph.

  • When the two RSI are colored blue the trend is up.
  • When the two RSI are red, the trend is down.
Recommended Article:  Forex Day Trading with Multi Time Frame EMA Strategy

Best Time Frame : M15, M30 or H1 only

Financial markets : any.

 

Metatrader Indicators:

  • Moving Average
  • GANN SSL 4 HR
  • 3 Color MACD
  • RSI Filter 14 periods (close),
  • RSI 21 periods (close),
  • Signal Trend

 

H1 MoVa Trend RSI Trading Rules

 

Trades only in the direction of the trend.


Recommended Article:  H1 Forex Intra Day Trading Strategy with Kijun Sen ( The Best Indicator for IntraDay Trading Forex ) (KIJUN SEN)

 

BUY Rules

Forex-Moving-Average-RSI-BUY

  • Price upward above EMA 10 and GANN SSL 4 HR
  • RSI filter (14 period) and RSI (21 period) are with bar blue color
  • 3 Color MACD blue and above 0 level
  • Signal Trend green bars

 

SELL Rules

 

Forex-Moving-Average-RSI-SELL

  • Price downward below EMA 10 and GANN SSL 4 HR
  • RSI filter (14 period) and RSI (21 period) are with bar red color
  • 3 Color MACD red and above 0 level
  • Signal Trend red bars

 

 

Trading NOTE

  • Not trading when the two RSI do not agree
  • An additional filter is to trade only in the direction of the GANN SSl 4 HR trend.

 

EXIT Position

Traditional Stop/Limit (Using Support & Resistance)

The traditional stop/limit method is one that I use constantly during my simple trading strategy. I like it because it is both versatile and effective. The goal is setting our stop and limit so that they have a positive risk to reward ratio and are set around support and resistance levels.

Leave a Reply

Your email address will not be published. Required fields are marked *




Powered by: ForexWOT Trading System
Privacy Policy | Cookie Policy |  e-Mail: ForexWOT@gmail.com