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Simple Systematic Double RSI/Fisher syst - 1h-D time frame (Simple Systematic Double RSI/Fisher syst)

author EAcpu | 3 reads | 0 comments |
Hi everyone, wanted to share a simple system I came across that looks really interesting.

Constructive comments and suggestions are welcome.

Don't add any other indicators as it will just become too cluttered and lose focus.

Chart settings

Relative Strength Index 2
RSI 12 in the same window.

Fisher - Period 10

long entry -

1) RSI 2 crosses upwards 30 and cuts RSI 12
2) Fisher is green

Short term entry -

1) RSI 2 crosses down 70 and cuts RSI 12
2) Fisher is red

NOTE: For those of you who like to say repaint this, repaint that, please wait for the candle to turn off!

On the daily chart I posted, I marked two possible entries with purple lines. Both are up more than 100 points.

R/R- At discretion.
For stop loss I use 100 pips
TP is trailing stop.
I try not to risk more than 3% of my total capital.

It would be easy to point to the chart and show possible entries, but I will show possible trades that I personally made.
More examples will be released soon.

cheers!
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