This visual jforex strategy use RMI and two RSI indicators applied to
AUD/CAD instrument. The strategy checks if the last 30 minutes last
bar is “green” or “red” bar and if it’s a bar with a big
volume. If the last Ask Close bar is “green” and the RMI and two
RSIs are greater than 56 then make a SELL order. If the last Ask
Close bar is “red” and the RMI and two RSIs is lower than 46 then
make a BUY order.
The orders are 8 pips taking profit and a 300 Stop Loss and each
entry
has 6 Lots.