Simple
yet profitable strategy Smartfx strategy.
Trend-Momentum
strategy.
Time
frame only30 min time frame.
Currency
pairs: majors (EUR/USD, USD/CHF, AUD/USD, AUD/NZD, NZD/USD, GBP/USD,
GBP/JPY, USD/CAD, USD/JPY,)
Indicator:(
Relative Strength Index 21 period, close).
Smatfx trading
Rules
Long Entry
Long Entry
Buy
when the RSI crosses above and candle closed and stop loss below the
cross over candle
Short
Entry
Sell when the RSI crosses below and the candle closed and stop loss above the cross over candle.
Sell when the RSI crosses below and the candle closed and stop loss above the cross over candle.
Close
position: discertionary
Disadvantage: This strategy works best in trending in ranging markets lot of false signals.
Disadvantage: This strategy works best in trending in ranging markets lot of false signals.
Advantage:
very simple.
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| Smartfx Strategy |
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