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HomeForex Scalping StrategiesRSI Histo Alert With Matrix Forex Scalping Strategy

RSI Histo Alert With Matrix Forex Scalping Strategy

RSI Histo Alert With Matrix Forex Scalping Strategy

This is a strategy that uses matrix and RSI indicators. These indicators identifies the entry. this strategy uses a 15 minute timeframe and works in all currency pairs.

Forex Indicators:

  • Matrix VCS (1, 0, 10, 2,5);
  • Matrix VCS (1, 0, 10, 3,0);
  • Matrix VCS (1, 0, 10, 3,5);
  • Matrix VCS (1, 0, 10, 4,0);
  • RSI Histo alert V.2 (21).
  • Fibo pivot;

Long Entry:

  • All Arrows Buy Matrix VCS filtered by RSI Histo alert Blue.

Short Entry:

  • All Arrows Buy Matrix VCS filtered by RSI Histo alert Red.

Exit Position:

  • At first opposite arrow Matrix VCS or
  • Take profit at the level fibo pivot.

Stop loss:

  • for buy, it should be 2 pips below Matrix VCS Yellow arrow.
  • for sell, it should be 2 pips above Matrix VCS Yellow arrow.


Forex Trading Strategies Installation Instructions

This strategy is a combination of Metatrader 4 (MT4) indicator(s) and template.

The essence of this forex strategy is to transform the accumulated history data and trading signals.

This strategy provides an opportunity to detect various peculiarities and patterns in price dynamics which are invisible to the naked eye.

Based on this information, traders can assume further price movement and adjust this strategy accordingly.

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How to install this Forex Strategy?

  • Download the zip file
  • *Copy mq4 and ex4 files to your Metatrader Directory / experts / indicators /
  • Copy tpl file (Template) to your Metatrader Directory / templates /
  • Start or restart your Metatrader Client
  • Select Chart and Timeframe where you want to test your forex strategy
  • Right click on your trading chart and hover on “Template”
  • Move right to select this strategy
  • You will see the strategy setup is available on your Chart

*Note: Not all forex strategies come with mq4/ex4 files. Some templates are already integrated with the MT4 Indicators from the MetaTrader Platform.

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Tim Morris
Tim Morrishttps://www.forexmt4indicators.com/
Tim Morris is a work from home dad, home-based forex trader, writer and blogger by passion. He likes to research and share the latest forex trading strategies and forex indicators on ForexMT4Indicators.com. His passion is to let everyone to be able to learn and download different types of forex trading strategies and mt4/mt5 indicators at ForexMT4Indicators.com
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