RSIOMA Forex System
*RSIOMA is advanced version of RSI.
Pairs:EUR/USD, Aud/USD, GBP/USD.
Time frame:1M and 5M.
Spread max:0,00025.
Indicators:
2MA crossover(default);
Heiken Ashi smoothed;
Rsioma (default);
DoubleCCIWoody (default);
Spudfib.
Long Entry:
Signal Buy 2MA crossover;
DoubleCCIWoody is green;
RSIOMA>65.
Sell Entry:
Signal Buy 2MAcrossover;
DoubleCCIWoody is red;
RSIOMA<35.
1M TF Exit:
Target Price: 10 pips or Fibonacci level;
Stop loss: 10 pips or HA changed color from green to red.
5MTF Exit:
Targetprice: 15 pips or Fiblevel;
Stop loss: 12pips or HA changed color from red at green.
DON’T Trade During News
If there is a news event and it occurs during your trading times, never trade 30 minutes before and 30 minutes after the news event.
If your plattaform can not have RSIOMA, you can use RSI.
Long Entry:
Signal Buy 2 period Moving average crossover;
DoubleCCIWoody is green;
RSI>55.
Short Entry:
Signal Buy 2 period MAcrossover;
DoubleCCIWoody Indicator is green;
RSI Indicator<45
