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This visual jforex strategy is triggered by the last Bar and uses RMI
and two RSI indicators applied to AUD/CAD instrument. The strategy
checks if the last 30 minutes last bar is “green” or “red” bar
and if it’s a bar with a big volume. If the last Ask Close bar is
“green” and the RMI is greater than 50 and the first RSIs if
greater than 54 and the last RSI is greater than 50 then makes a SELL
order. If the RMI is lower than 50 then makes a BUY order.
If the last Ask Close bar is “red” and the RMI is lower than 50
and the first RSIs if lower than 46 and the last RSI is lower than 50
then makes a BUY order. If the RMI is greater than 50 then makes a
SELL order.
The orders are 8 pips taking profit and a 300 Stop Loss and each
entry has 6 Lots.
and two RSI indicators applied to AUD/CAD instrument. The strategy
checks if the last 30 minutes last bar is “green” or “red” bar
and if it’s a bar with a big volume. If the last Ask Close bar is
“green” and the RMI is greater than 50 and the first RSIs if
greater than 54 and the last RSI is greater than 50 then makes a SELL
order. If the RMI is lower than 50 then makes a BUY order.
If the last Ask Close bar is “red” and the RMI is lower than 50
and the first RSIs if lower than 46 and the last RSI is lower than 50
then makes a BUY order. If the RMI is greater than 50 then makes a
SELL order.
The orders are 8 pips taking profit and a 300 Stop Loss and each
entry has 6 Lots.