RSI Lido Forex Scalping Strategy
This is a scalping strategy that uses an RSI Lido indicator. There are also various indicator that is used alongside with the main indicator to fully grasp the activity of the market.
This system is useful in a 15 minute or higher timeframe and works on any currency pairs.
- Any MA RSI R2
- RSI Lido (5) with Ma smoothed (4 period).
- Simple rules for RSI Lido Forex System
- Arrow Buy (green color) is greater than line yellow and pink.
- Line Yellow is greater than line pink.
- RSI Lido indicator is greater than 35.
- Arrow Sell (red color) is less than line yellow and pink.
- Line yellow is less than the pink line.
- RSI Lido indicator less than 65.
Note: Don not enter trade if the Arrow buy or sell is between yellow and pink line.
- At the level of the Fibonacci pivots.
- When the star appears on the bar.
- Profit Target predetermined, depends by time frame and currency, or ratio 1:1.5 stop loss.
- Place stop loss on the previous swing.
Forex Strategies Installation Instructions
RSI Lido 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 Lido 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 Lido Forex Scalping Strategy?
- Download RSI Lido 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 Lido Forex Scalping Strategy
- You will see RSI Lido Forex Scalping Strategy is available on your Chart
Click here below to download: