Double RSI Power Trading Strategy - 40% Profit [Video]
Double the Power of RSI Trading Strategy is based on the unusual, because two-time use of one indicator - RSI (Relative Strength Index). By default, its task is to measure the momentum with which the price moves and indicate to us the zones in which the trend will most likely change direction. This time it also served as a filter for false signals.
backtest: EURUSD - chart 15 min. time period - 11.2020 - 08.2021
Indicator settings:
1. RSI - default (analyzed period: 14, type: closing price), timeframe - the same as the chart.
2. RSI - default (- // -), timeframe - daily chart.
Trading strategies is an educational cycle in which we present interesting investment systems intended for Forex market. We discuss the most important principles such as entering and exiting a transaction, the degree of risk, assessing the advantages and disadvantages and checking what results they generated on historical data.
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