ST Rsi2

5
Hello traders, this trading strategy is based on the the Larry Connors RSI-2 strategy, We begin with a 200 periods EMA to find the direction of the market. This is important because we only trade in the main trend direction.

We then look for pull backs using the RSI with a period of 2 to get entry signals. Trades are then exited using the 5 EMA.


Lot size should be calculated using 1% of 1 the ATR value and positions can be added as long as the entry criterion is met.


TRADING IS RISKY AND I DO ADVISE ALL INVESTORS TO OBSERVE PROPER RISK MANAGEMENT.
Video ST Rsi2
Reviews 2
gfpopa
76
gfpopa 2023.11.20 15:29 
 

Simple but effective. works very well for me

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Super Signal – Skyblade Edition Professional No-Repaint / No-Lag Trend Signal System with Exceptional Win Rate | For MT4 / MT5 It works best on lower timeframes, such as 1-minute, 5-minute, and 15-minute charts. Core Features: Super Signal – Skyblade Edition is a smart signal system designed specifically for trend trading. It applies a multi-layered confirmation mechanism to detect only strong, directional moves supported by real momentum. This system does not attempt to predict tops or bottoms
RFI levels PRO
Roman Podpora
5 (1)
Indicators
The indicator accurately shows the reversal points and price return zones where the   Major players . You see where new trends are forming and make decisions with maximum precision, maintaining control over every trade. VERSION MT5     -     Reveals its maximum potential when combined with the   TREND LINES PRO   indicator What the indicator shows: Reversal structures and reversal levels with activation at the beginning of a new trend. Display of   TAKE PROFIT   and   STOP LOSS   levels with mi
Dynamic Forex28 Navigator
Bernhard Schweigert
4.43 (7)
Indicators
Specials Discount now. The Next Generation Forex Trading Tool. Dynamic Forex28 Navigator is the evolution of our long-time, popular indicators, combining the power of three into one: Advanced Currency Strength28 Indicator (695 reviews) + Advanced Currency IMPULSE with ALERT (520 reviews) + CS28 Combo Signals (recent Bonus) Details about the indicator  https://www.mql5.com/en/blogs/post/758844 What Does The Next-Generation Strength Indicator Offer? Everything you loved about the originals, now
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ST Cross
Curtis Daniel Jr -
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Introduction The ST Cross indicator is based on the traditional Moving Average (MA) Cross which uses a fast and slow moving average. Entry signals to buy and sell are given when both moving averages cross. However with the basic strategy there are a lot of false signals. In order to filter the trades we use the 200 (MA) to identify the overall direction of the trend. Input Settings           Master Trend Period     -      200 Period moving average used to get the trend direction.           Fast
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ST Engulfing
Curtis Daniel Jr -
Indicators
Engulfing candlestick patterns are   comprised of two bars on a price chart. They are used to indicate a market reversal. The second candlestick will be much larger than the first, so that it completely covers or 'engulfs' the length of the previous bar. By combining this with the ability to look at trend direction this indicator eliminates a lot of false signals that are normally generated if no overall trend is taken into consideration
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ST Bearish Engulfing
Curtis Daniel Jr -
Indicators
In a departure from the conventional approach, traders can leverage the bearish engulfing candlestick pattern as a buy signal for short-term mean reversion trades. Here's how this alternative strategy unfolds: The bearish engulfing pattern, (typically signaling a reversal of bullish momentum) , is interpreted differently in this context. Instead of viewing it as a precursor to further downward movement, we perceive it as an indication of a potential short-term bounce or mean reversion in prices.
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TWJ Anchored VWAP
Curtis Daniel Jr -
Indicators
1. Overview TWJ Anchored VWAP is a professional-grade MetaTrader 5 indicator that plots the Volume Weighted Average Price anchored to the open of each new trading day. The VWAP resets automatically at the start of every session, giving you a clean, accurate intraday reference price calculated from the true open of each day.   Unlike fixed or manually anchored VWAP tools, TWJ Anchored VWAP requires zero configuration to stay relevant — it handles the daily anchor logic automatically while giving
VeloTrak real time trade tracking
Curtis Daniel Jr -
Utilities
Velotrak Live Trade Tracking & Execution Dashboard for MetaTrader 5 1. Overview Velotrak is a real-time trade tracking and execution dashboard built as a MetaTrader 5 Expert Advisor. It overlays a fully featured panel on any chart, giving you an instant, always-visible view of your daily and lifetime trading performance — without automating any trades unless you explicitly activate the equity manager. Designed for prop firm traders, funded account holders, and disciplined retail traders who ne
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Vance Fill
197
Vance Fill 2024.05.31 03:19 
 

User didn't leave any comment to the rating

Curtis Daniel Jr -
2120
Reply from developer Curtis Daniel Jr - 2024.06.03 08:47
I'm glad u like it
gfpopa
76
gfpopa 2023.11.20 15:29 
 

Simple but effective. works very well for me

Curtis Daniel Jr -
2120
Reply from developer Curtis Daniel Jr - 2024.06.03 08:47
Happy to hear that. You should also try it on the daily timeframe on QQQ and s&p 500
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