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- totomagic replied Mar 6, 2023
report back on the 5MTF 15RSI/30RSI system, we gotta hone in on the best one

RSI 50 X Scalping System
- totomagic replied Mar 6, 2023
for example, on this AUDJPY trade happening right now, I might not want to hop in immediately. It's easy to see at a glance that the volume is dying, trades won't have as much liquidity and momentum to secure those quick pips image where on this ...
RSI 50 X Scalping System
- totomagic replied Mar 6, 2023
Because I'm scalping a lower time frame, I'm adding volume to the chart because the more traders trading, the higher the trading volume , and the more active the market. The more active the market, the higher the liquidity (availability of ...
RSI 50 X Scalping System
- totomagic replied Mar 6, 2023
now for some due diligence - here's the last 10 signals on GBPJPY win or lose. I'll show the most realistic total pip loss or gain potential on each move. signals are chronologically ordered going from most recent to oldest think we got something ...
RSI 50 X Scalping System
- totomagic replied Mar 6, 2023
I've updated the system for the time being entry should only happen when both RSI's cross on the same candle i've been testing some other methodologies like when the fast RSI crosses through slow RSI and 50 on the same bar - this shows some great ...
RSI 50 X Scalping System
- totomagic replied Mar 6, 2023
I like the M15 Chart with M30 and H1 RSI's, good work. Let us know how further testing goes. I'm still focused on M1 atm. Going to update some trades in a few.
RSI 50 X Scalping System
- totomagic replied Mar 6, 2023
here's the PineScript for the MTF RSI I use study("Multi Timeframe RSI", shorttitle="MTF_RSI") len = input(14, title="Length", type=integer) src = input(close, title="Source", type=source) show5m = input(true, title="show 5m", type=bool) show15m = ...
RSI 50 X Scalping System
- totomagic replied Mar 5, 2023
yeah great question. I can confirm by trading live and using replay feature now, that there's no repaint because I have my indicator set so that GAPS are off meaning rsi's go flat during bars in between time frames. let me show you an example of ...
RSI 50 X Scalping System
- totomagic replied Mar 5, 2023
I am not too familiar with MT4, as I exclusively use Trading View to chart and trade on through forex.com. Try this MTF RSI and see if it's better. Maybe someone else can help too.
RSI 50 X Scalping System
- totomagic replied Mar 5, 2023
I've been scalping M1 for years and always used RSI 50 X for entries and realized the potential, but I added the most relevant HTF confluences for validation no reason why it couldn't work on other time frame variations..maybe 5M Chart - 15M RSI - ...
RSI 50 X Scalping System
- totomagic replied Mar 5, 2023
same bar crosses are perfect entries someone show me a perfect entry for a loss, been trying to find one to study
RSI 50 X Scalping System
- totomagic replied Mar 5, 2023
the maximum amount of bars the RSI's can close from each should be 2! 1 is even better, and if it's the same bar, you got a perfect entry! image
RSI 50 X Scalping System
- totomagic replied Mar 5, 2023
great Great, interested in what you can contribute
RSI 50 X Scalping System