RSI and ADX Scalping

RSI and ADX Scalping is a combination to find Buy/Sell opportunities.

The purpose of this strategy is to find the moments strength of market.

Time Frame: 1 minute

Currency pairs: majors.

Spreads below 1 pip.

Sessions:London and New York.

Trading Rules

Buy

RSI crosses up 60 level and ADX is above 25 level.

Sell

RSI crosses down 35 level and ADX is above 25 level.

For an new position wait that ADX retraces below 25 level (optional).

Profit Target 5 min 3-5 pips depends by currency pairs.

Initial stop loss 5 pips below the entry bar after move stop loss at the breakeven.

RSI and ADX Scalping is a very fast but easy to automate strategy on any trading platform.