50 SMA 交易 (50 SMA Trading)

Hi,

This is my first post and I want to share my simple trading system which I have learnt from and webinar, this is quiet simple and effective setup. Hope everyone try out and earn some good profit.

Indicators Used :
1) 50 sma on price
2) RSI - 5 (close) with only one median line 50

Rules :-
Bullish Setup
a) Wait for the 5 Bars to close above 50 SMA and RSI close above 50 for these 5 Bars. Take position on 6 Bar open or lows of the day as you are comfortable.

Bearish Setup inverse of the above description.

Stop loss should be put 1% below or above the previous candle as per trade.
OR Close below 50 SMA for positional traders.
You may get some whipsaws but no system is 100% sure shot.

Remember this is not valid for EOD basis if you are comfortable you can try this on H1 - H4 charts these setup is most profitable of most I have tried.

Some Charts are attached for the reference

Note :-
DO NOT short the pair if it is above 50 sma on Daily and Weekly charts.
DO NOT long the pair if it is below 50 sma in Daily and Weekly charts.

regards
rocky1980