Today I will show you Payapa mobile modified that’s a trend momentum forex strategy based on the overbought and oversold zones of the RSI to confirm the direction of the price. The main signal is generated by the crossover of two moving averages on the main chart.

Setup Strategy

Time Frame:30 min or higher.

Currencypairs: any.

Main Chart

1.8 EMa, close.

2.26 EMA, close

RSI with Moving Average Setting:

RSI Period = 1

Color = Black

Level = 10, 20, 80, 90.

MA Settings:

1. EMA 5 = Red

2. EMA 8 = Yellow

3. EMA 13 = Green

4. EMA 21 = Blue

5. EMA 200 =Black

Buy

BUY when all EMAs are at level 20-10 of RSI, and turn up.

Sell

SELL when all EMAs are at level 90 of RSI, and turn down.

Be careful when the 200 EMA is at level 50, because prices can bounce up or down.

Examples of tradesin the pictures