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RSIOMA III Forex Trading System
The RSIOMA III is a forex trading system that uses an RSI chart bar and RSIOMA v3 indicators. There are also other indicators used for confirmation. The timeframe used in this method is 15 minutes or higher. This is suitable to all currency pairs.
MT4 Indicators:
- RSIChart Bar
- 9 SquaredMM
- Sell Zone Fibs
- Buy Zone Fibs
- William’s % range
- RSIOMAV3
Long Entry:
- The price is greater than the BUY Zone Fibs.
- The RSIOMA v.3 Cross up
- The will % range is in Buy Zone.
Short Entry:
- The price is less than Sell Zone Fibs.
- The RSIOMA V.3 Cross down
- The will % Range is in Sell Zone.
Stop Loss:
- Buy 2 pips below Sell Zone Fibs;
- Sell 2 pips above Buy Zone Fibs.
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