Forex Strategy on RSI - TS, which allows to make a profit on forex when trading the currency pair EURUSD, at the five-minute time frame (M5), trading signals in this strategy are the breakdown of trend lines drawn on the indicator Relative Strength Index (RSI).
On the M5 chart EUR USD should select the oscillator forex RSI (21) to apply it is necessary to close.
To trade Forex Broker recommend choosing a terminal MT4.
Entering the market as the sale and the purchase of produce:
On the breakdown of trend lines on the indicator RSI, which is necessary to build at least 2-point.
After the formation of divergence on the indicator RSI.
An important condition for the deal, as is the closure of a five-minute candle following the breakdown of this line. Open the transaction at the opening of the next M5 candles.
