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 2 options:

1,3 ratio;

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

joy22

[DrArb3000]

You may find improved performance if you only trade during certain hours, hint; in between active sessions.