Thread: RSI Unlimited

In my experience, this procedure produces high probability trades that are successful.

5 min time frame (additional time frames will do the job as well)
EURUSD, GBPUSD, AUDUSD, USDJPY, EURJPY (any pair which has sufficient daily movement)
New York and London sessions work best because of liquidity

Trend Setup:
Search for concealed divergence between the oscillators ( or the standard RSI) and price swings exhibited by the Semafor indior. Match up swings in price with swings on the oscillator and look for oscillator to exceed its prior swing whilst price doesn't. This often occurs at a Daily Average Fibo level. Simply take the trade and target a Fibo level. Put the stop loss beyond the swing in price used to produce the divergence, or if that's too far away, place it just beyond a fib level, or outside the moving average cloud.

The and RSI indiors have overbought and oversold settings within them which can be manually set to notify you if the oscillator breaches the level you set. So you can ascertain if it's an entry or not -- you are able to set the degree of the swing and then be notified when it's breached.

Reversal Setup:
Search for regular divergence in the after a sustained movement in price. Wait for a concealed divergence set up to appear in the in the opposite direction.
https://www.nigeriaforextrading.com/...7771951948.pdf




https://www.nigeriaforextrading.com/...1396294398.pdf
https://www.nigeriaforextrading.com/...1161266892.rar

This procedure relies on average daily motion and that price will achieve for and bounce off of levels while on its way to fulfilling its daily range. It offers you an advantage by showing high likelihood minutes to exit and then to enter. The appearance of divergence in a daily range fibo par with a semafor indies that price is ripe to continue the trend.

As in almost any method, there are instances to use caution or completely stand aside and keep your finger off the mouse. Here a couple of those times:
1. Keep your eye on the daily range -- when price has moved most or all its ordinary range, be careful of extra installments -- they may not have enough gas inside them to follow through to the exit goal.
2. Following operate and a deep, be cautious of your risk / reward -- compare the necessary stop loss to follow through for the day's remainder.

The actual heart of of these setups is the RSI Unlimited, which is basically a typical RSI but without the minimum and maximum of 0 and 100. It may operate as far as it should. The RSI formula is used by this also enables it to react more quickly.

The other essential item, at least for me, would be the Daily Range Fibo levels. These are fibo amounts depending on the average daily range of the currency plotted above and under the daily open. It measures the day out by its open and is accurate.

Your system looks great. It will be tested by me when I tried to extract it but your file is giving error

@aahmad29 try again.no error on my end.

Brapp - how can you get the wonderful visual on the charts (coloring)?

Good system, thanks to your sharing.

That is complete divergence trading platform, you're currently using indiors inside. In your next PDF you describe the indiors on your system. In other words you have numerous things to watch. It's not too easy to use.


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http://forexcci.blogspot.com/2013/05...ger-bands.html

Originally Posted by ;

This is quite complete divergence trading platform, you're using so many indiors inside. On your PDF you explain the indiors on your system. In other words you have to see. It is not easy to use. ----------- http://forexcci.blogspot.com/2013/05...ger-bands.html

Actually, it's very easy to use. There are a range of indiors but some of them are duplied to be particular to the timeframe -- so that they each need their own edition I put levels. Another indiors help me determine what has happened as far as the daily range so far.

All you have to do is fit the semafor points (swings in price) with the peak or valley in the oscillators and then wait for hidden divergence to reveal. That usually occurs near a fib level, but once I use the fib level for a target. For mepersonally, patience is because what I look for is so straightforward, my problem.

Take the AUDUSD today, when I sat down I immediately saw a red Moving Average Cloud, so can easily see a down trend. Next, I discovered that price had transferred approximately 70 pips out of an average 92 (twenty day average), and had already retraced some of the move. I looked for corresponding peak and the latest yellow semafor peak from the oscillators. The RSI Unlimited had already formed a concealed divergence but without a new semafor (a new semafor, especially a yellow one, reveals the maturity of this current move), and not near a fib degree. I waited and anticipated price to reach for the fibo and to create. By that time the RSI was showing hidden divergence. Click and input. I concentrate on the fibo levels below as targets.

A nearly perfect installment...