RSX MA Full SSA Forex Scalping Strategy
This is a scalping strategy that is based on RSX indicator. This is useful for 15 minute timeframe and works in any currency pairs. various indicators are also used to confirm signals.
Metatrader Indicators:
- RSX -MA FullSSA;
- Moving average 34 period smoothed;
- Bollinger Bands (30:2).
Follow the trend and use the trend to trade. When MA 34 is less than the middle bollinger bands, the trend is up. When MA 34 is is greater than the middle bollinger bands, the trend is down.
Long Entry:
- MA 34 is greater than the middle bollinger bands.
- RSX -MA Full SSA must cross upward.
Short Entry:
- MA 34 is less than the middle bollinger bands.
- RSX -MA Full SSA must cross downward.
Exit position is discretionary.
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