Fxbs, my RSI is 8
-----------------------------------------------
Hey Sonic!
Sure i do. If my memory is good you advised me to use RSi instead of I-trend on my last post. Here we are! Hehe!
After test and retest, i-trend is good but RSI is more convenient whit the level.
I'm looking at ADX also since it makes a good reference about zone breakout. Exemple: if ADX is over 30, pairs will trend up or down, if not, it range on sideway. That would fix the Asian session.... that dosen't get over 20/30 often and let us know when to enter at london session. Asian zone breakout from Darkkiller is also a nice ints.
Volume is also obvioulsly an important criteria for those 21 SMA broke / RSI over / under 60/40.
---------------------------------
To give a foward word on what Aurorau said earlier, i do stock to stoch / RSI / MACD / ADX indics. They are the most commun and old ones. New indic are most of the time a copy of those algorythme but whit another presentation : bars, dots on chart, etc... So why search on the moon what's in front of us. All we need now is too find good setting for the prefered TF and pairs. Another 2 cents - i should be at a dollars now, hehe!
--------------------------------
I'm looking to get a tech on 5Min TF and 1 Min but Stoch and RSI are not accurate at these level since pairs is making to much sharp move. SMA would be the ref. Like 4/12/21 SMA + daily pivot and fibs... we'll see.
Anyway, enough blabla!
--------------------------------
Here an other chart whit a simple template:
exple.JPG
Linear Mode
