Thursday, 8 May 2008

RSI with Momentum | Sigma Forex Strategy


RSI with Momentum




It measures the amount of change in commodity’s price during a period of time.


Using both RSI & Momentum for average 14 days will enable a solid strategy in determining signals.

rsimom

Signal to buy:
RSI rises above 50 but stays below 70, and momentum rises above zero.
Signal to sell:
RSI falls below 50 but stays above 30, and momentum falls below zero

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