Five Line RSI Scalper MT5
Hello All My Name Is Albert Poulis and i just wanted to say hi.
To be HONEST I mean that with respect to all. You can make a great living with Forex and if you make your own Indicators and EA's even better. I tend to stay away from the EA's for my own reasons. Here is my trading strategy that I have been using for a while now and I call it 5 line RSI.
- 6 RSI LimeGreen.
- 8 RSI Lime.
- 10 RSI DodgerBlue also Flat line(trend).
- 12 RSI OrangeRed.
- 14 RSI Red.
Concept: if the 6 RSI grows above the 14 RSI it is a buy and vice versa.
It works like a RSI Cross over as well as an entry and exit point which you will see in the picture. You will also see the operation of this Indicator.