RSI Cross Alert Forex Scalping Strategy
This is a scalping strategy that works on any currency pairs and is useful in a 15 minute timeframe. This system focuses on the RSI cross alert which is the combination of fast and slow RSI. This indicator is supported by EMA or exponential moving average. This is also a trend following system. Trade only in the direction of the trend.
- RSI Cross alert:
- fast RSI (5 period), slow RSI (14 period)
- EMA 200
- UPTREND: Price is greater than EMA 200.
- RSI Green vertical line.
- UPTREND: Price is less than EMA 200.
- RSI Red vertical line.
- Quick take profit.
- Place stop loss at 10-15 pips.
Profit Target for pairs:
- AUDUSD and USDCHF at 7 pips profit target and stop loss 10 pips.
- EURUSD at 8 pips profit target and stop loss 12 pips.
- GBPUSD at 10 pips profit target and stop loss 15 pips.
Forex Strategies Installation Instructions
RSI Cross Alert Forex Scalping Strategy is a combination of Metatrader 4 (MT4) indicator(s) and template.
The essence of this forex strategy is to transform the accumulated history data and trading signals.
RSI Cross Alert Forex Scalping Strategy provides for an opportunity to detect various peculiarities and patterns in price dynamics which are invisible to the naked eye.
Based on this information, traders can assume further price movement and adjust this strategy accordingly.
Forex Metatrader 4 Trading Platform:
- Free $30 To Start Trading Instantly
- No Deposit Required
- Automatically Credited To Your Account
- No Hidden Terms
How to install RSI Cross Alert Forex Scalping Strategy?
- Download RSI Cross Alert Forex Scalping Strategy.zip
- Copy mq4 and ex4 files to your Metatrader Directory / experts / indicators /
- Copy tpl file (Template) to your Metatrader Directory / templates /
- Start or restart your Metatrader Client
- Select Chart and Timeframe where you want to test your forex strategy
- Right click on your trading chart and hover on “Template”
- Move right to select RSI Cross Alert Forex Scalping Strategy
- You will see RSI Cross Alert Forex Scalping Strategy is available on your Chart
Click here below to download: