How the Simple RSI Over-Bought/Over-Sold Cross back trading technique works and creates great entries
The RSI Indicator is a momentum indicator that identifies Over Bought and Over Sold price movements where the chances of a price reversal is high. The strength of this method is that entries occur only when the price returns out of the Over Bought or Over Sold environments. The trick is to make the Over Bought or Oversold areas small so that only exceptional reversals are traded.
In Summary
- Expert4x has created a Simple automated RSI Trader Robot to trade the OB/OS Return system using
Fixed Lot position sizing (Generation 1) - Expert4x has created a Simple automated RSI Trader Robot to trade the OB/OS Return system using
% of Equity Position sizing (Generation 2) - Established that there are ways to trade the Robots at
100% success rates , optimized high income andhigh success rates . - Established that there are ways to trade the generation 2 Simple RSI Trader Robot that would potentially take
$1000 to over $500,000 in 1 year using the % of equity method.. - The settings have been explained in detail as well as provided
guide settings and actions which potentiallyincrease income, success rates and have lower drawdowns .
Further details and purchase options
Click on The Expert4x Simple RSI Trader Gen1 EA link