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Gbpusd Rsi Scalper Strategy

What is RSI:-


RSI stands for Relative Strength Index, which is a popular technical indicator used in financial markets, particularly in the analysis of stocks, commodities, and other securities. RSI is used by traders and investors to assess the strength and potential direction of price movements in an asset. Here's how RSI works:

  1. Calculation: RSI is calculated using a formula that takes into account the average gain and average loss over a specified period (typically 14 periods). The formula is as follows:

    RSI = 100 - (100 / (1 + RS))

    • RS (Relative Strength) = Average gain over the specified period / Average loss over the specified period
  2. Interpretation:

    • RSI values range from 0 to 100.
    • An RSI value above 70 is often considered overbought, suggesting that the asset may be due for a price correction or reversal.
    • An RSI value below 30 is often considered oversold, suggesting that the asset may be due for a price rebound or reversal.
    • Some traders use additional levels, such as 80 and 20, for overbought and oversold conditions, respectively.
  3. Signals:

    • When RSI crosses above 70 = SELL
    • When RSI crosses below 30 = BUY
    • Some traders also look for bullish or bearish divergences between RSI and the price chart as potential reversal signals.

It's important to note that RSI is just one tool among many used in technical analysis, and it should be used in conjunction with other indicators and analysis methods for making informed trading or investment decisions. Additionally, the choice of parameters (e.g., the number of periods) can be adjusted to suit the specific trading style and asset being analyzed.


------------------------------------------------------------------------


- ALL settings that related to GBPUSD pair has been uploaded via screenshots .

Tested On [ GBPUSD ] 1 hour time frame pair only and passed .

- you can use all pairs and all time frames.

- there are many settings that related to Riskmanagment.


Recommendations :-

1- do your backtest before live trade. 

2- use demo account for at-least 1 month.


Note:- GBPUSD backtest without stop-lose :)


Best regards

Q8Crackers team





















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The Gold Reaper MT4
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PROP-FIRMA BEREIT!   (   SETFILE herunterladen   ) STARTPROMO: Nur noch wenige Exemplare zum aktuellen Preis verfügbar! Endpreis: 990$ Erhalten Sie 1 EA kostenlos (für 2 Handelskonten) -> kontaktieren Sie mich nach dem Kauf Ultimate Combo Deal   ->   click here JOIN PUBLIC GROUP:   Click here New V2.2 Live Signal Old Live Signal Willkommen im Gold Reaper! Aufbauend auf dem sehr erfolgreichen Goldtrade Pro wurde dieser EA für die gleichzeitige Ausführung in mehreren Zeitrahmen konzipiert und b
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The EUR/USD Multi-Strategy Trading Robot MT4 is an advanced tool designed to optimize trading by combining 3 key systems:   daily trading, volume analysis, and Fibonacci   retracement levels. This robot works by integrating these different approaches to create a more dynamic and adaptable strategy for trading the   EUR/USD pair . EA adapts to different market conditions, this makes it an ideal solution for traders looking to enhance their trading strategy with a powerful, multi-faceted approach.
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The Prisma Expert Advisor is a set of rules that allows you to achieve consistent results on the FOREX currency market thanks to sophisticated open position management, quality money management and opening and closing of positions, where mathematics together with probability play the main role. Prisma is able to work with stability on all major currency pairs and their combinations provided the system is run with a suitable broker that offers favorable conditions for such trading. However, it is
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AW Trading Software Limited
4.4 (75)
Der Expert Advisor ist ein System zur Wiederherstellung unrentabler Positionen. Der Algorithmus des Autors sperrt eine Verlustposition, teilt sie in viele separate Teile und schließt jeden von ihnen separat. Einfache Einrichtung, verzögerter Start im Falle eines Drawdowns, Sperren, Deaktivieren anderer Expert Advisors, Mittelwertbildung mit Trendfilterung und teilweises Schließen einer Verlustposition sind in einem Tool integriert Es ist die Verwendung von Schließungsverlusten in Teilen, die es
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Vortex - Ihre Investition in die Zukunft Der Vortex Gold EA Expert Advisor wurde speziell für den Handel mit Gold (XAU/USD) auf der Metatrader-Plattform entwickelt. Dieser EA verwendet proprietäre Indikatoren und geheime Algorithmen des Autors und wendet eine umfassende Handelsstrategie an, die darauf ausgelegt ist, profitable Bewegungen auf dem Goldmarkt zu erfassen. Zu den Schlüsselkomponenten seiner Strategie gehören klassische Indikatoren wie der CCI und der Parabolic Indicator, die zusamm
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4.52 (27)
The XG Gold Robot MT4 is specially designed for Gold. We decided to include this EA in our offering after   extensive testing . XG Gold Robot and works perfectly with the   XAUUSD, GOLD, XAUEUR   pairs. XG Gold Robot has been created for all traders who like to   Trade in Gold   and includes additional a function that displays   weekly Gold levels   with the minimum and maximum displayed in the panel as well as on the chart, which will help you in manual trading. It’s a strategy based on  Price
EA Black Dragon
Ramil Minniakhmetov
4.78 (498)
EA Black Dragon arbeitet mit dem Black Dragon-Indikator. Der Expert Advisor eröffnet einen Deal anhand der Farbe des Indikators, dann ist es möglich, das Ordernetzwerk aufzubauen oder mit einem Stop-Loss zu arbeiten. Die Überwachung der realen Arbeit sowie meine anderen Entwicklungen finden Sie hier: https://www.mql5.com/en/users/mechanic/seller Alle Einstellungen finden Sie hier! Empfehlungen Währungspaare EURUSD GBPUSD  Zeitrahmen M15  Empfohlene Einzahlung 1000 Dollar oder Cent  Empf
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Connor Michael Woodson
5 (3)
Reverse Grid eröffnet Positionen in die entgegengesetzte Richtung eines normalen Grids und erhöht die Positionsgröße exponentiell in Richtung des Trends, bevor ein großer Take Profit erreicht wird. WICHTIG! Kontaktieren Sie mich nach dem Kauf für Anweisungen und einen Bonus! Reverse Grid Live-Signal kommt bald! Der aktuelle Preis wird erhöht. Zeitlich begrenzter Preis 50 USD Intelligentes Take-Profit-System, das EA prognostiziert, wann es vor einer Preisumkehr auszusteigen gilt Relativ ger
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[ What is: VWAP (Volume-Weighted Average Price ] //-----------------------------------------------------------------------\\ A. it is a trading indicator that calculates the average price at which a particular security (stock, commodity, etc.) has been traded throughout a given trading session,  weighted by the volume of each trade.  It provides insight into the average price level and helps traders understand whether they are buying or selling  at a better price compared to the overall mar
Hello Traders.. Tried deals without stop-lose? :) =-=-=-=-=--- Grid EA Robot { Simple Moving Average } crossover 4sma & 11sma Strategy ---=-=-=-=-= BY below pics you will know what strategy doing by automatic open and close Trades.  [ BUY ] 4.sma crossover 11.sma https://ibb.co/0XZFBf2 [ SELL ] 11.sma crossunder 4.sma https://ibb.co/VpqsLmD [ backtest ] - XAUUSD - settings below. Note: don't change these settings for ( xauusd pair ) -TF 1 hour https:/
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