This is a MTF RSI buying and selling system that I wish to share with you.
1. Indicator: Hitman (guide hooked up) or Dashboard RSI
2. Setting: 2 or 3 with 50 oversold & overbought
3. Timeframe: D1 (optionally available), H4, H1, M30, M15, M5, M1
4. TP: 30 or dealer discretion
5. SL: 20 or dealer discretion
6. MM: Dealer discretion
7. Pairs: All with < 4 pip unfold & 5 day ADR > 60 pips
8. Lengthy: All RSI bars are blue.
9. Quick: All RSI are purple.
10. Optionally available: Shut all open trades on the finish of the session(s) you’re buying and selling and begin the brand new buying and selling day.
Disclaimer: What works right now could not work tomorrow so commerce at your individual threat.
Particular because of the coders: Groenie & Nonor