218# RSI Lido with Spike Extreme
RSI Overbought Oversold trading system
Spike extreme not repaint
Submit Francis 2020
RSI Lido with Spike Extreme is a trading system based on RSI Lido overbought/oversold and Extreme spike not repaint cycle indicator. This trading system has a higher profitability.
The template RSI Lido with Spike Extreme can be applied at the trading without binary options.
Expiry time 1 candle.
Currency pairs: EUR/USD, USD/JPY, GBP/USD, AUD/USD, USD/CAD, AUD/JPY, GBP/JPY, NZD/USD, Indices: S&P 500, DAX.
Time Frame 5 min or higher.
Fractal support resistance levels,
RSI Lido period 2, levels 15 and 85,
Extreme Spike indicator.
Trading rules RSI Lido with Spike Extreme
RSI Lido below 15 level.
Call at opening of the next bar.
RSI Lido above 85 level.
Put at opening of the next bar.
In the pictures RSI Lido with Spike Extreme in action.
Share your opinion, can help everyone to understand the forex strategy.
FX BEAST LORD OF TEC ANALYSIS (Thursday, 16 May 2020 22:27)
It’s a simple system to master but you have to check more extreme spike before take a position..
paul jones (Thursday, 14 February 2020 19:24)
Hi Sihle. Kindly explain the 100 % strategy .
sihle (Monday, 31 December 2020 11:55)
theres no arrows , they were just showing you where the spike appeared
phuoc (Friday, 28 December 2020 10:18)
setup for extreme spike?
phuoc (Thursday, 27 December 2020 05:57)
how to setup the arrows?
phuoc (Thursday, 20 December 2020 12:03)
the extreme spike repaints?
Ngo Tuan (Wednesday, 07 November 2020 18:14)
In the files download of RSI Lido with Spike Extreme does not have yellow arrow!
sihle (Monday, 15 October 2020 10:31)
this is the best indicator I ever had , I just started on my live account . one day 100% growth . I can rate it 95% accurate , 5 minute chart
Johnson (Friday, 02 March 2020 11:42)
I noticed that Extreme Spikes seldom repaints. It will be nice if this can be address. I will also appreciate if the source code is accessible for editing. Otherwise, let me know how to buy the original version (if any) in order to have access to the code.
Francis (Thursday, 03 August 2020 14:04)
Extreme Spike when falls draws the dot on chart.
Extreme Spike with RSI Lido not only Extreme Spike.
cladi (Thursday, 03 August 2020 06:30)
Thanks for the system. Extreme Spike dont repaint?
Wendell (Thursday, 03 August 2020 01:36)
Tested and the spike repaint a lot
dan (Wednesday, 02 August 2020 12:26)
295# RSI LiDo Trading System
Force Forex System
Submit By Saiven 21/02/2020
This is a free interpretation of the RSI Lido Trading Method.
Time Frame 15 or higher
RSI Lido (5) with Ma smoothed (4 period).
Simple rules for RSI Lido Forex System
Arrow Buy (green color)>line yellow and pink;
line Yellow>line pink
RSI Lido indicator > 35.
Arrow Sell (red color)
RSI Lido indicator
Note if the Arrow buy or sell is between yellow and pink line do not trade.
At the level of the Fibonacci pivots.
When appears the star on the bar.
Profit Target predetermined, depends by time frame and currency, or ratio 1:1.5 stop loss.
RSI Lido Forex Scalping Strategy
Table of Contents
This is a scalping strategy that uses an RSI Lido indicator. There are also various indicator that is used alongside with the main indicator to fully grasp the activity of the market.
This system is useful in a 15 minute or higher timeframe and works on any currency pairs.
Metatrader Indicators:
- Any MA RSI R2
- RSI Lido (5) with Ma smoothed (4 period).
- Simple rules for RSI Lido Forex System
Buy Entry:
- Arrow Buy (green color) is greater than line yellow and pink.
- Line Yellow is greater than line pink.
- RSI Lido indicator is greater than 35.
Sell Entry:
- Arrow Sell (red color) is less than line yellow and pink.
- Line yellow is less than the pink line.
- RSI Lido indicator less than 65.
Note: Don not enter trade if the Arrow buy or sell is between yellow and pink line.
Exit Position:
- At the level of the Fibonacci pivots.
- When the star appears on the bar.
- Profit Target predetermined, depends by time frame and currency, or ratio 1:1.5 stop loss.
- Place stop loss on the previous swing.
Forex Trading Strategies Installation Instructions
RSI Lido Forex Scalping Strategy is a combination of Metatrader 4 (MT4) indicator(s) and template.
The essence of this forex strategy is to transform the accumulated history data and trading signals.
RSI Lido Forex Scalping Strategy provides an opportunity to detect various peculiarities and patterns in price dynamics which are invisible to the naked eye.
Based on this information, traders can assume further price movement and adjust this strategy accordingly.
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How to install RSI Lido Forex Scalping Strategy?
- Download RSI Lido Forex Scalping Strategy.zip
- *Copy mq4 and ex4 files to your Metatrader Directory / experts / indicators /
- Copy tpl file (Template) to your Metatrader Directory / templates /
- Start or restart your Metatrader Client
- Select Chart and Timeframe where you want to test your forex strategy
- Right click on your trading chart and hover on “Template”
- Move right to select RSI Lido Forex Scalping Strategy
- You will see RSI Lido Forex Scalping Strategy is available on your Chart
*Note: Not all forex strategies come with mq4/ex4 files. Some templates are already integrated with the MT4 Indicators from the MetaTrader Platform.
