This is a forex scalping strategy and it uses Bollinger Bands, ADX and RSI.
TMA Indicator Bands
Forex Bollinger Bands Strategy
MACD Trading SystemBased on this information, traders can assume further price movement and adjust their strategy accordingly.For this strategy you need just two things. a EURUSD chart with 15M time frame and an mtfRSI with alert.
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I have modified an existing indicator to suit my needs and thought others may find.I have had these RSI indicators for a while and thought someone might find them useful, you can load 2 different RSI Periods on 1 chart as shown on the screenshot.The Quad RSI Candles are MTF which allows the trader to display larger time.
Learn forex, mt4, trading strategies, mt4 indicators,experts advisors, mt4, technical analysis, forex system, fx signals and free forex signals.I have been trading a MTF RSI trading system that I would like to share on the forum.
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RSI Forex Indicator
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