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  1. #1
    Legendry Member Okane's Avatar

    eureka The RSI High-Low Strategy - Simplicity Can Work! !!!

    The RSI High-Low Strategy uses only the Relative Strength Index Indicator.
    Using a high period on the RSI we can minimize the false signals and find great
    trading opportunities. This simple strategy is very newbie-friendly and
    can become a perfect foundation for a solid strategy to improve on.

    Read my review of the RSI High-Low Strategy and use this thread to discuss anything about it or ask questions!
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  2. #2
    Rookie Member
    looks nice. any results ?

  3. #3
    Legendry Member willyw's Avatar
    RSI is a good indicator to use fro trading and besides RSI is a good indicator to spot divergences.

  4. #4
    Rookie Member markjonson's Avatar
    This is really a nice post. I appreciate admin creativity for this Keep it up

  5. #5
    Legendry Member Michael Hodges's Avatar
    the simplest strategies are often the best, no clutter, no conflicts of indicators, simple

  6. #6
    Legendry Member Okane's Avatar
    Quote Originally Posted by Michael Hodges View Post
    the simplest strategies are often the best, no clutter, no conflicts of indicators, simple
    True, I actually began learning how to trade by simply using RSI and Stochastic Oscillator.
    Two simple indicators but very helpful and you can create your own strategy with these two.

  7. #7
    M.J
    M.J is offline
    Veteran Member M.J's Avatar
    It is easy to follow strategy but as written in Cons that you will have to choose expiry time on your own. This specific drawback makes it less interesting for BO traders. But with research and practice, you may be able to calculate relationship between chart time and expiry time.
    Have anyone out there tested it with BO? If yes, how did you calculate expiry?

  8. #8
    Legendry Member willyw's Avatar
    Use simple indicators so there is no conflict and complications is the best

  9. #9
    Legendry Member milos's Avatar
    I used RSI period 14 and levels 70/30
    Click image for larger version. 

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  10. #10
    Legendry Member Okane's Avatar
    That's good, RSI 14 is strong
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