The morning news made friday next to impossible to trade. I tried one trade and got my 20 pip stop. I am hoping for better opportunities this week.
Arb-Trader
Need small modification on my RSI cross/touch RSI alert 0 replies
The Best of The Best Trade Follow up RSI 6 Divergence 7 replies
RSI cross indicator when rsi=50 19 replies
RSI (Fast) above/below RSI (Slow) displayed as a Histogram 5 replies
DislikedDont really know what just happened on the EU but not complaints here.
Was long on rsi break @55 with a stop of 12 pips.
It went up 9 down again and then popped, got +60 on this one moving my stop to the red lines as it whizzed by.
(i've got TL's , the force 5min and the DOW to work with this)Ignored
DislikedHi Kareem. I have been using the rsi since I started 2 years ago. I must have tried 20 different mt4 variations. I keep coming back to rsi14 with 45/55 lines. Don't trade inside them unless holding onto a position already open. But have you tried a linear weighted 21 moving average placed on the rsi. It more or less does away with the need for a trend line and reduces the trouble of where to draw to and from. Check out the eur/usd m5 and m15 today. It doesn't repaint but as with everything wait for the candle to close once the rsi has broken the...Ignored
DislikedDont really know what just happened on the EU but not complaints here.
Was long on rsi break @55 with a stop of 12 pips.
It went up 9 down again and then popped, got +60 on this one moving my stop to the red lines as it whizzed by.
(i've got TL's , the force 5min and the DOW to work with this)Ignored
DislikedHi Kareem. I have been using the rsi since I started 2 years ago. I must have tried 20 different mt4 variations. I keep coming back to rsi14 with 45/55 lines. Don't trade inside them unless holding onto a position already open. But have you tried a linear weighted 21 moving average placed on the rsi. It more or less does away with the need for a trend line and reduces the trouble of where to draw to and from. Check out the eur/usd m5 and m15 today. It doesn't repaint but as with everything wait for the candle to close once the rsi has broken the...Ignored