Forex Strategy – RSI Z Line System

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Forex Strategy – RSI Z Line System

This time we use a system called RSI Z Line System, how to use it very easy, simple, and flexible. This system can know the saturation point of a movement, long-term trend and able to produce a fairly large pips. Can be used in many pairs, especially the movement fast and fast.

Okay, the steps that need to be prepared are as follows:

Prepare Time Frame H1 (The author uses the pair pair GBPUSD)

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Forex Strategy – RSI Z Line System

Prepare the default RSI Metatrader Setting RSI with input value 3

forex signal

Forex Strategy – RSI Z Line System

Prepare the Horizontal Line, place it on the top and bottom of the RSI, with each value:
upper limit: 90.8046
lower limit: 10.3448

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Forex Strategy – RSI Z Line System

Prepare 4 Zig zag congenital Metatrader, replace Ex Depth to 14, 50, 100, and 200.

forex signal

Forex Strategy – RSI Z Line System

forex strategy

Forex Strategy – RSI Z Line System

forex system

Forex Strategy – RSI Z Line System

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Forex Strategy – RSI Z Line System

BUY

forex buy sell

Forex Strategy – RSI Z Line System

SELL

forex strategy

Forex Strategy – RSI Z Line System

When taking open positions:

Do it BUY, if the RSI is near the Bottom Line, and the blue zigzag is below.
Do SELL, if the RSI is near the top Line, and the blue zigzag is on top

This system relies on support and resistance points RSI and zigzag blue as a reference, not recommended open position when the RSI is not close to the Horizontal Line. Use wisely

author
Forex4Live.com is a forex trading system website that started to be published since 2011 and has been used by thousands of traders around the world. The system is very simple and accurate, priced at $ 167 for a lifetime membership with no monthly fees or hidden fees. Our team created this system by testing thousands of indicators then selecting 23 indicators and combining them into one great trading system.
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  1. Relative Strength Index (RSI), Technical Analysis of Profitable Traders! | Forex4Live No Repaint Forex Signal5 months ago

    […] or Relative Strength Index was introduced by J. Welles Wilder Jr in 1978. Since it was first introduced RSI became a momentum […]

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