Free Forex Systems (MT4), Trend Following Systems

Forex Blast RSI Trading Strategy

Forex Blast RSI Trading Strategy is just another great invention for effective trading and very much ideal for professional forex scalpers & intraday traders.

Blast RSI trading strategy is a combination of two indicators named Classy Blast and DACOPEN. The goal of this indicator is to catch the momentum of a trendy market with a better point of entry and exit.

Blast RSI strategy is famous for spotting both trend condition and current price sentiment at the same time that allows a trader to lead a more relaxing everyday trading life.

Before jumping to trade I would recommend to master the basics of trend.

Forex Blast RSI Trading Strategy Overview

Time FrameCurrency PairsIndicatorsRatings
M15 to AnyAny29.8/10

Once you install this trading strategy in your Metatrader4 platform, the chart will look like this:
Blast RSI Trading System

Forex Blast RSI Trading Strategy Indicators Overview

Blast RSI Indicators Overview
  • Classy Blast: Located at the first indicator window. Though it looks like a combination of various colors but actually it is very easy to read. Whenever Classy Blast changes its color means the change of current price movement sentiment to the opposite direction. If you see there is no color or it is blank, that means current price sentiment is neutral or you can say market is just taking a nap and you should not knock the market while it is napping. That is a rule you should remember!
  • DACOPEN: You’ll find it at the second window. This is a trend indicator that tells you the condition of current market trend. DACOPEN is red indicates bullish and red indicates bearishness of the present market trend.

Do Not Miss: Contrarian Scalping System

Forex Blast RSI Trading Strategy: Buy Parameters

Blast RSI Buy Parameters
  • Classy Blast color changes to green/yellow
  • DACOPEN turns into white color
  • Set stop loss limit below the signaling bar low
  • Take profit when Classy Blast color changes an DACOPEN turns into red

Forex Blast RSI Trading Strategy: Sell Parameters

Blast RSI Sell Parameters
  • Classy Blast color changes to red/maroon
  • DACOPEN turns into red color
  • Set stop loss limit above the signaling bar high
  • Take profit when Classy Blast color changes an DACOPEN turns into white
Free Download Forex Blast RSI Trading Strategy

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I have been actively trading stocks and currencies since April 2012. Besides trading with my personal money I am a technical analyst in a mutual fund which has Rs. 1 billion in assets under management. At my leisure, I love attending live music, traveling, and partying with friends.

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About Trend Following System

Trend Following System's goal is to share as many Forex trading systems, strategies as possible to the retail traders so that you can make real money.

Risk Warning: Trading in the forex market is very risky. Thus, it is may not be for everyone. A highly leveraged position can work against the trader when the trade does not work as expected. Trading in the forex market can cause to lose a significant portion of the capital or all of the capital. It is crucial to learn about the trading and gain enough experience in the demo account before trading with real money. The trading strategies published on this website do not guarantee profit as the market is dynamic and unpredictable. The past performance of a strategy is not the indicative of future performance. Trend Following System will not accept any kind of liability or damage caused by trading the strategies published on this website.