Stoch rsi ea make money forex

When combining RSI with Stochastic, a new indicator – Stoch rsi ea make money forex RSI – provides better and more distinctive signals to trade upon. 20 and 80, same as for Stochastic indicator.

Sell as StochRSI exits 20 or 80 should be temporarily ignored. Crossover of the center line of StochRSI suggest a current trend. Above 50 level – the trend is up. Below 50 level – the trend is down. RSI reaches a a new Low for the period, Stochastic RSI will be at 0. When RSI records a new high for the period, Stochastic RSI will be at 100.