RSI Trend Lines Trading

RSI Trend Lines Trading is a trend momentum strategy based on RSI, MACD, Trend line on RSI and MA.
Time Frame 15 min or higher.
Currency pairs; majors.
Forex Indicators:
13 EMA, close,
21 EMA, close,
55 EMAA close,
MACD histogram (8, 21, 8),
RSI 21 period witj 50 level.
Trading Rules
Buy
Candle close above Mas,
MACD bar above zero line
RSI line above RSI Trend Line.
Exit when the RSI line breaks the Trend Line downward.
Sell
Candle close below Mas,
MACD bar below zero line
RSI line below RSI Trend Line.
Exit when the RSI line breaks the Trend Line upwardward.
How to Draw the RSI trend line
Connect at least two turn points of RSI value line .
Trades examples.
RSI Trend Lines Trading

RSI Trend Lines Trading

RSI Trend Lines Trading

RSI Trend Lines Trading

RSI Trend Lines Trading

Related

Momentum Forex Strategies 4014360748661761403

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