Advanced RSX Strategy (Scalping 4H or Daily)

[joy22]

Time Frame 4h or Daily (This setup is for 4H TF).

Currency Pairs:all.

 

Indicators:

RSX (6)

CFB adaptive RSX (default)

QQQE Arrow

 

Long Entry

Arrow buy green is confirmed by RSX>CFB Adapive RSX.

 

Short Entry

Arrow sell red is confirmed by RSX<CFB Adapive RSX.

 

Stop loss:

for buy on the lower of the entry bar;

for sell on the higher on entry bar.

 

Target profit two options:

1) 1,3 ratio;

2) EUR/USD 50 pips, AUD/USD, EUR/CHF, USD/CAD 45 pips, GBP/USD, EUR/JPY 60 pips, GBP/JPY 65 pips;

 

http://www.multiupload.com/PRIMYPJBDB

 

joy22

[businessman9821]

I'm assuming we wait for the closing of the entry bar (arrow) before we enter? Or enter when the arrow alert appear and requirements are met?

[joy22]

wait for the closing of the entry bar and enter next bar at open.

this setup h4

martingala

0.01-0.02- 0.04-0.08-0.16-0.32-0.4 stop

 

joy22