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RSI Exit stratergy

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  • 24-02-2018 at 06:58 #249971
    hiren7476
    Member

    Hello Yannick,

    I am using RSI (30-70) breakout level to enter the buy and short trade for my signal.
    Now I want to close the buy trade If my RSI value goes above 78 for long trade and below 22 for short trade,
    Please tell me , which settings to be done for Advance RSI EA for my above condition.??
    I have attached screenshot of my chart.

    thanks,
    hiren

    26-02-2018 at 06:51 #251593
    hiren7476
    Member

    Anybody please tell about such settings???

    27-02-2018 at 12:55 #252796
    Yannick
    Keymaster

    Simply set the exit level to 78. This will exit buy trades above 78 and sell trades below 22 (100-78).

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