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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.
Reviews 1
gfpopa
66
gfpopa 2023.11.20 15:29 
 

Simple but effective. works very well for me

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ST Cross
Curtis Daniel Jr -
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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gfpopa 2023.11.20 15:29 
 

Simple but effective. works very well for me

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