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Old 05-05-2007, 12:36 AM
indratime indratime is offline
Junior Member
 
Join Date: Dec 2006
Posts: 21
indratime is on a distinguished road
my second explore
setup
RSI 14
TF H4
NO TP
NO SL
NO TRAIL STOP

Go Long if
RSI < 50
Close[1] > High[2]

Close Trade if
RSI > 80
Close[1] < Low[2]

I find this idea because i remember about BUY low and SELL High
Thats mean (imho) we only trade(enter) if price is low. And exit if Price is high.

And Dont trade(enter) if price to High
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