jeudi 20 octobre 2016

Ema50 + Rsi14 intraday strategy

Dear traders

I am new to this forum but I have 5yrs experience in trading.I have 60 - 70 % winning strategy.it is very simple strategy.it can used for all time frames and all kind of trading.

Indicators:

Ema 50

RSI 14

Times frame:

5,15,30,1h,1day

Trading type:

Intraday,positional trading.

Strategy:

Buy when price close above 50day EMA and RSI above 50-55 readings.

Stop loss:

After entry place stop loss low of the first bar which crossing ema50.

Exit:

When RSI 14 reaches above 70.

For short :

Follow the reverse.

This is very simple strategy.but it gives good winning trades.

First backtest and then go real trading.

I will share some charts soon.

Regards

Shareman


Ema50 + Rsi14 intraday strategy

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