Simple RSX Forex Scalping Strategy
This is a scalping strategy that is based on RSX and DPI indicator with 2 MA or moving average. It can be used on a 15 minute timeframe and works in any currency pairs.
- DPI indicator;
- exponential moving averages (EMA 34, EMA 89,);
- RSX CfB adaptive, indicator;
- All pivot indicator. For exit.
The flat zone will be known through the 2 horizontal lines at 14 and -14 in RSX. Just draw line in those area.
You have to know the trend. Trend is up when EMA 34 is greater than EMA 89 and DPI is greater than EMAs. The trend is flat if DPI is into EMA 34 and EMA 89.
- At close of the first bar with DPI is greater than EMA 34 and is greater than EMA 89.
- RSX aqua is not in flat area.
- At close of the firs bar with DPI is less than EMA 34 and EMA 89.
- RSX red is not in flat area.
- RSX must change color.
- exit on the levels all pivots.
- Stop loss should be 3 pips above 34 EMA for sell. below 34 EMA for buy.
- Quick take profit is advised since this is a scalping strategy. It also depend on the currency pairs.
Forex Strategies Installation Instructions
Simple RSX 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.
Simple RSX 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 Simple RSX Forex Scalping Strategy?
- Download Simple RSX 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 Simple RSX Forex Scalping Strategy
- You will see Simple RSX Forex Scalping Strategy is available on your Chart
Click here below to download: