Trend RSI Forex Scalping Strategy

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Trend RSI Forex Scalping Strategy

This is a scalping system that uses the trend RSI indicator to make this strategy possible, with the support of other indicators too. This is useful on a 5-minute chart or higher. The currency pairs that can be used in this system are the EURUSD and GBPUSD. Use this during London and New York sessions.

Metatrader Indicators:

  • Trend RSI setting: Rsi periods 3, EMA periods 3, ATR periods 9, K 4,236,
  • Arrow indicator: AGTS winner signals,
  • THV4 TZ Pivots.

Long Entry:

  • The arrow indicator: AGTS winner signals is buy
  • Trend RSI signal: The line must be above the dots.

Short Entry:

  • The arrow indicator: AGTS winner signals is sell.
  • Trend RSI signal: The line must be below the dots.

Exit position:

  • Exit at the opposite arrow or when Trend RSI indicator changes direction.
  • Target profit is 8-10 pips or at the pivot levels.
  • Place initial stop loss at the previous swing.

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