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Moving Average Exponential 5 period, close. Moving Average Exponential 7 period, close. Moving Average Exponential 9 period, close. Moving Average Exponential 11 period, close. Moving Average Exponential 13 period, close. Moving Average Exponential 21 period, close. Half trend 3. RSI Zone settings:.
Moving Averages of RSI :. Moving Average Exponential 15 period, close. Moving Average Exponential 30 period, close. RSI is to get the overbought and oversold momentum of the markert, so the strategy has 90 strongly sell , 50 wait and 10 strongly buy. Support and resistance indicator V. Long Entry. The price bounces on support zone.
You can also choose only verified zones. RSI condition. When all moving averages of RSI meet up at level , they all bend and crosses upward. The exponentials moving averages on the chart crosses upward. Initial stop loss below support area. Profit target ratio stop loss: The price bounces on resistance zone. When all moving averages of RSI meet up at level they all bend and crosses downward. The exponentials moving averages on the chart crosses downward. Initial stop loss above the resistance area.
In the charts USDCAD you can clearly see how the areas of confluence of resistance are the basis for bullish impulses, when RSI is oversold, but also when it is not in other areas of the chart. The addition of this confluence filter increases the profitability and accuracy of the system. Nkosi Monday, 02 November This looks like good strategy. It needs a filter for false signals. Papaya or not papaya, tweek it to suite you're strategy.
Admin Tuesday, 21 July Hi, i don't have any problem with sharing my template and indicators with mentioning my name and link, but you shared my template and my work without mentioning my name. Alex Friday, 17 July Legrand Wednesday, 15 July Very nice and good indicator. I love the first one. You can use it in all time frame and in Binary option.
Mpeke Jonase Saturday, 25 April Account Friday, 10 April Luiz Thursday, 24 October For me, the best is 14 like in the template. Only correct the text description. And really, with Renko the system works great. Luiz Wednesday, 23 October Trend Momentum Reversal Strategy. RSI Trading. Currency pairs Major and Minor, Gold and Silver. Metatrader indicators setting: Moving Average Exponential 3 period, median price.
RSI is to get the overbought and oversold momentum of the markert, so the strategy has 90 strongly sell ,50 wait and 10 strongly buy Beast super signal is optional. Buy When all moving averages meet up at level 10, they all bendand crosses upward. Sell When all moving averages meet up at level 90, they all bendand crosses downward. Exit position options at the opposite crossover of the moving averages. Papaya Forex Strategy MT4. Papaya Trading System MT 4. Relative Strength Index 14 period, close, Exponential, moving average 3 period, close.
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