Blast RSI is a forex trading system. Blast RSI forex trading system is a scalping and swing trading forex trading system. Blast RSI forex trading system is an oscillator based forex trading system. The buy and sell signals are generated on the basis of the indicator that is located at the indicator window. The two indicators which are located at the indicator window help to generate and verify the trading signals. Ultimately, discipline is the key to profiting in the market. Despite the good forex trading system one cannot make money if one is not disciplined enough to follow the rules of the system.
When you install Blast RSI forex trading system in your trading platform, your chart should look like this:
- Classy Blast
Classy Blast indicator consists of green, red, and brown bars. When the bars are green, it indicates buying pressure and when the bars are red, it indicates selling pressure. The brown bars indicate non decision or non-trending market conditions.
DACOPEN is a forex trading indicator. It is an oscillator that changes its color to blue and yellow. When the oscillator is blue, it indicates buying pressure and when the oscillator is yellow it indicates selling pressure in the market.
Buying Conditions Using Blast RSI System.
- Market should be up trending.
- Classy Blast RSI indicator should be green.
- The DACOPEN indicator should be blue.
- Place your long position as soon as above conditions are met.
- Place your stop loss just below the recent swing low.
- Take your profit when the Classy Blast RSI indicator turns brown or red or white.
Selling Conditions Using Blast RSI.
- Market should be down trending.
- Classy Blast RSI indicator should be red.
- The DACOPEN indicator should be yellow.
- Place your short position as soon as above conditions are met.
- Place your stop loss just above the recent swing high.
- Take your profit when the Classy Blast RSI indicator turns green, brown or white.
Download Free Forex Blast RSI Strategy
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