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 Frame Currency Pairs Indicators Ratings
M15 to Any Any 2 9.8/10

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

Blast RSI Trading Strategy

Forex Blast RSI Trading Strategy Indicators Overview:

Blast RSI 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
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
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
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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