We often refer to the double RSI trading signals indicator for Metatrader 5 as “RSI with RSI”. Two different RSI periods generate both entry and exit signals on any financial instrument. The indicator is expressed by orange and blue dots. The two dots are positioned above or below the candlesticks, as you can see on…
Tag: rsi
RSI High-Low Forex Trading System
Strategy overview Currency pairs: any, but majors recommended Timeframe: any Indicator: standard RSI (14) with levels at 70 and 30 (Relative Strenght Index comes with your Metatrader by default, there is no need to download it). How to trade with RSI High-Low Strategy? Buy signal: open long trade when RSI has crossed below 30, formed…