Loading...
You are here:  Home  >  Forex Strategies  >  Current Article

9 – 21 Moving Average crossover with RSI Filter Strategy

By   /   October 19, 2013  /   1 Comment

9 – 21 Moving Average crossover with RSI Filter Strategy

as it named this strategy combined from two moving average lines entering trade when the crosses and RSI indicator as a Filter for false signals .

Strategy indicators Parameters :

Fast Moving Average

  • Period : 9
  • Ma Method : Exponential
  • Apply to : Close

Slow Moving Average Line

  • Period : 21
  • Ma Method : Exponential
  • Apply to : Close

RSI indicator

  • Period : 14
  • Apply to : Close

moving average crosses rsi indicator strategy forex

Entry Rules :

Buy Signal : Fast MA crosses above slow MA line and RSI indicator rises above 50 level .

Sell Signal : Fast MA crosses below slow MA line and RSI indicator falls below 50 level .

StopLoss :

close order when MA lines crosses reverse in the opposite direction no need for RSI indicator confirm .

you can add a static stoploss about 50 to 90 points according to the symbol daily Range Movement .

Download Strategy Template : 9 – 21 moving average rsi filter

Download Expert Adviser for This Strategy : Two Moving Average with RSI Filter EA

1 Comment

  1. agnnis says:

    very informative article it really helpful for the newbie. hope this will help me good at zforex.co.uk

Leave a Reply

You might also like...

EMA bollinger bands AC strategy chart

EMA , Macd and Bollinger Bands Trading Strategy

Read More →