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118# RSI Divergence with I-Gentor

Rsi Divergence Indicator

 

Submit by Victor 14/07/2014

 

RSI Divergence with I-Gentor is a forex strategy trend-contrarian but the best trades are following the
trend.

Time Frame 4H Daily or weekly.

Markets: Forex, Stocks, Indicies.

 

Metarader Indicators

I-Gentor LSMA (34-25);

RSI Divergence indicator (14 period, setting true and hidden
divergence).

 

Rules

RSI Divergence with I-Gentor

 

Long Entry

When appears the green arrow in the window of the Rsi Divergence indicator wait that there are lines green and
blue in window of the I-Gentor LSMA indicator.

 

Short Entry

When appears the red arrow in the window of the Rsi Divergence indicator wait that there are lines red andyellow
in window of the I-Gentor LSMA indicator.

 

Exit Positon

Profit Target ratio 1:1 Stop loss.

Initial stop loss on the previous swing.

 

This forex strategy is discretionary and therefore requires practice.

But it is a good one.

 

In pictures Rsi Divergence with I-Gentor in action.

RSI Divergence forex strategy
RSI Divergence forex strategy

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