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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.
RSI and ADX Scalping

RSI and ADX Scalping

RSI and ADX Scalping


RSI and ADX Scalping Reviewed by learn forex trading on June 03, 2017 Rating: 5

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