Advanced RSX Forex Scalping Strategy

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Advanced RSX

Advanced RSX is another scalping strategy that fits to all currency pairs in a 5, 15, 30 minutes and 1 hour timeframe.

Forex Indicators:

  • RSX (6);
  • CFB Adaptive RSX (default);
  • RX5Bars;
  • MH Arrow;
  • Fractal (for swing stop loss).

Rules for LONG entry:

  • Green Arrow is confirmed by green candles.
  • RSX must be greater than CFB Adaptive RSX.

Rules for SHORT entry

  • Red Arrow is confirmed by red candles
  • RSX must be less than CFB Adaptive RSX.

Exit position, the candle must change its color. Place stop loss on previous swing.
The profit target in 5 minute chart must be 6 pips for AUDUSD, 8 pips for EURUSD and 10 pips for GBPUSD.

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