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RSI Currency Strength Correlation by Lukas

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Hello guys.

This is RSI Currency Strength with less noise, combine with my Price CSI to get the best result.

How it works :
스냅샷
This Indicator (on bottom) will tell you RSI information, and my other indicator I mentioned above (on the middle) will tell you price movement.
Sometimes when RSI up doesn't mean Price will go up, that's why divergence happen.
So trading only with RSI will trigger many false signal. Combine both of indicator will help you make better decision.

Buy :
- RSI rising up and price rising up
- If price already strong, wait for the RSI on strong currency pullback and rebound.

Sell :
- RSI going down and price going down
- don't sell when RSI going down but the price is not going down

I use one hour chart, usually can get 3-5 hours trade

Setting :
- Timeframe : you can play around with, your timeframe x 2
- MA length : I use 21,5,8

면책사항

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