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RSI Bollingers +divergence 15 minutes (RSI Bollingers +divergence 15 Min)

author EAcpu | 2 reads | 0 comments |
hi

This is an excellent trading system that consistently produces highs.

Tools: 15 minute chart, 30 minute chart,
Bollinger Bands(20,2) price,
Bollinger Bands(20,2) on RSI (using "First Indicator" data)
14EMA
160EMA
RSI (4 periods)
GBP/USD currency pair

No S&R required (system inherent)

Suitable for regular and hidden differences.

Step 1

Disagreements are found. (bullish or bearish)

Step 2 Make sure the divergence is along the 14 EMA

Step 3. Open a position when RSI crosses its CENTER BOLL. (CENTER BOLL crossover eliminates false breakouts.)

Step 4 Exit at 80% after the first 2 candles.

Step 5 Close the position when the 14 EMA goes opposite to your position (20%).

That's it! . Works like a charm. Its strategy can be modified to "Only take divergences towards the 14 EMA and 160 EMA"
Safety.
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