High accuracy “RSI Ribbon Trader Trading System with BB SPAT Smooth HA Filter” – Relative Strength Index (acronym RSI) is one of the most extensively used momentum oscillators in the realm of technical analysis of the forex market.
Instead, the RSI analyzes the recent performance of a security in relation to its own price history. RSI is a valuable tool to determine trend momentum and overbought/oversold levels.
- Time Frame: H1 or higher
- Currency Pairs: Any
MetaTrader Trading Indicators
- Ribbon Trader
- RSI
- SPAT Smooth HA
- Cynthia’s Signal Entry
- Forex Strategist BB
BUY Rules
- Ribbon Trader: Lime color
- RSI: Above the level 55 line
- SPAT Smooth HA: Lime candle
- Cynthia’s Signal Entry: Aqua line
- Forex Strategist BB: Lime line
SELL Rules
- Ribbon Trader: Red color
- RSI: Below the level 45 line
- SPAT Smooth HA: Red candle
- Cynthia’s Signal Entry: Magenta line
- Forex Strategist BB: Yellow line
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