The Power of Rsi
- Indicators
- Santi Quagliana
- Version: 1.0
Powerful indicator that shows the strength of the individual currency.
The higher it is, the stronger the currency, vice versa, the lower it is, the weaker it is.
Trading Strategy N1: Open position on line crossings, if one crosses up and the other down, open position on the currency that is going up.
Trading Strategy N2: Open position by buying the strongest currency and selling the weakest currency.
In the settings, you can change the time frame, I use the default one (TIMEFRAME 1 HOUR) and with period 24. I also use the TIMEFRAME 1 MINUTE and period 1440.