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)
Prepare the default RSI Metatrader Setting RSI with input value 3
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
Prepare 4 Zig zag congenital Metatrader, replace Ex Depth to 14, 50, 100, and 200.
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