5 and 10ema, Parabolic Sar and RSI

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5 and 10ema, Parabolic Sar and RSI

Postby User » Mon Dec 21, 2009 1:21 pm

Strategy transfer, submitted earlier by Ebunoluwa Raphael

This is about 5 and 10ema, Parabolic Sar and RSI, this is how it works!

5 crosses 10ema which ever way, RSI below or above 50 which ever way price is going Parabolic Sar to that same direction.
This might be up or down which ever way price is heading to that is not necessary.

Step two is - trader have to carry the microscope down to 15mint and looking for this thing:

1st the level of RSI depending where the price is heading to at that point in time but the most important thing is it most above or below 50 level NOTE which ever way it most not at oversold or overbought territory and ride it until Parabolic SAR indicates to the opposite direction of the previous move on hourly chart.

ebunoluwa raphael
raph_matty1981(at)yahoo.com
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