Ideal macd setting and rsi for forex trading

Ideal macd setting and rsi for forex trading

Jan 21,  · Philip Nel started a thread at ForexFactory forum discussing the 4-hour MACD Forex Trading blogger.com is an impressive forum thread. It began in and it is still active now. (It has pages and growing.) This trading strategy focuses on finding patterns (for e.g. double top and head and shoulders) on the MACD indicator Mar 11,  · For this breakout system, with the best MACD settings for day trading, the MACD can be used as a filter and as an exit confirmation. Indicators: Admiral Pivot (D1) (requires MT4SE) 50 exponential moving average (50 EMA) exponential moving average ( EMA) MACD indicator (12, 26, 9) Timeframe: H1. Currency blogger.comted Reading Time: 8 mins Dec 08,  · So I work on the RSI, experiment on it, and finally found the best setting for the RSI indicator which is working for me 99% profitable. I’m not a lover of the default setting of the RSI indicator, so I setup RSI like this for day trading which gives me the best result for options trading also. Period = 7. OverBought = 60

Best RSI Settings For Intraday Trading [ 99% Profitable ]

RSI Relative Strength Index is one of the most useful momentum indicators and I know most traders use it for Intraday trading. I used RSI as beginners did, but when I experiment on RSI and analyze results, again and again, I found the highest possibility of RSI indicator in day trading. This is How Beginners Use RSI Indicator: Most of the beginners learn the use of indicators from YouTube videos. Am I right? Also, I was one of them. This is How I Use RSI Indicator For Day Trading: My capital affected some times due to following the RSI setting described above StopLoss Hit.

This RSI setting give me the instant profit, not taking huge time to achieve the target in Intraday and option trading. You say buy when RSI hits 60 going from up to down and sell when it hits 40 going from down to up.

So your selling low and buying high? when you follow the rule buying at RSI 40, there is starting to uptrend. I personally experienced it most of the time. Actually when you buy at RSI 60, there is huge momentum, sure for getting in profit almost every times, few time hit StopLoss. So, I enter at 60 and exit with my target ratio. Most ideal macd setting and rsi for forex trading the time my target will hit. I always follow Risk-Reward-Ratio. Here I only provide entry point, means when reach RSI 60, enter Buying Trade, wait for hit StopLoss or Get Profit.

In another case when RSI reach downward 40, you can sell and wait for StopLoss or Profit. Facebook Twitter Instagram. Home Mindset Money Management Stock Selection Trading Tutorial How To, ideal macd setting and rsi for forex trading.

Home » Blog » Best RSI Settings For Intraday Profitable Trading. Trading Tutorial. By TradeHow Updated: December 8, Table of Contents. Facebook Pinterest LinkedIn WhatsApp. Related Posts.

How To Use Zerodha Kite App Like A Professional in Updated: May 25, Q Zerodha Back Office Tutorial Guide — New Zerodha Console Updated: December 13, View 3 Comments. Chris J on May 6, pm. TradeHow on May 25, pm. Yes Chris, you are right. D Alfred on May 27, am. Write Your Thinking Here Cancel reply. Submit Ideal macd setting and rsi for forex trading above and press Enter to search.

Press Esc to cancel.

Rsi and Macd trading strategy - a forex technical strategy -

, time: 7:14

MACD Trading Strategy - How to Implement Indicator settings - Admirals

Mar 11,  · For this breakout system, with the best MACD settings for day trading, the MACD can be used as a filter and as an exit confirmation. Indicators: Admiral Pivot (D1) (requires MT4SE) 50 exponential moving average (50 EMA) exponential moving average ( EMA) MACD indicator (12, 26, 9) Timeframe: H1. Currency blogger.comted Reading Time: 8 mins With standard indicator settings, the RSI is typically plotted using 14 trading periods worth of data. Similar to MACD, even for RSI the exact period for which the indicator would analyze data will depend on the time frame in which you are trading. If you are trading the daily chart, the indicator will get plotted using 14 days worth of blogger.comted Reading Time: 8 mins Dec 08,  · So I work on the RSI, experiment on it, and finally found the best setting for the RSI indicator which is working for me 99% profitable. I’m not a lover of the default setting of the RSI indicator, so I setup RSI like this for day trading which gives me the best result for options trading also. Period = 7. OverBought = 60