MA Smoothed with RSI is a daily
strategy simple.
MA Smoothed with RSI is a trading
system designed for daily time frame. Choosing to use the ma smoothed
on daily time frame helps filter out false signals. There are false
signals but the winnings are impressive.
Time frame daily.
Currency pairs: any.
Indicators:
MA smoothed 4 period. close;
MA smoothed 9, period, close;
RSI 5 period.
Rules Daily strategy: MA Smoothed
with RSI
Buy
When 4 SMA crosses above the 9 11 SMA
the RSI must be over 50 but previously
touched level 20.
Sell
When 4 SMA crosses below the 11 SMA
the RSI must be less than 50 But
previously touched level 80.
Exit when the Mas smoothed chage
direction or with ratio 1:2 stop loss.
Place initial stop loss 40 pips-60 pips
below /above the entry bar after 70 pips in gain move stop loss. You
can also set a fast profit target of 120-200 pips (dependes by
currency pair).
MA Smoothed with RSI is a very simple
trading system, but the results are impressive.
To take the the trade (buy or sell)
only after the signaling candle is closed.
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