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Gbpusd Rsi Scalper Strategy

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Publicado: 6 septiembre 2023

Versión actual: 1.2

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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:

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
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.
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.

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- 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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Introducing the AI Meta EA advisor - a remarkable leap in the world of trading! If you've always aspired to something greater and uncharted, then AI Meta EA is what you need. It harnesses cutting-edge artificial intelligence technologies, developed using neural networks and hidden algorithms in the deepest corners of the internet. What makes AI Meta EA so uniquely exceptional? Forget about old strategies and mundane indicators! My advisor possesses an intuition that even the most experienced tra

599 USD

Gold Scalping Expert is a very intelligent smart algorithm which exploits the reaction of gold during various high-impact events like geo-political news, pandemics, and economic changes. This system trades breakouts using the popular zig-zag indicator by placing pending orders at the turning points and when the price breaks out beyond these levels the orders will get triggered. The EA is using a very smart trailing stop and dynamic stop loss to protect your account and manage the risk properly

30 USD

Fenghuang EA utilizes clustering principles in machine learning to analyze data, identifying groups of objects or events with similar features or relationships. It uncovers hidden patterns and categorizes objects by similarities, aiding in the discovery of causal relationships. The EA allows for in-depth data analysis, highlighting significant relationships without risky techniques like martingale, netting, or scalping, making it compatible with various brokerage environments. Read more about t

599 USD

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

99 USD

[ 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

199 USD

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:/

99 USD

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