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Simple Moving Average + RSI Scalping Strategy

Easiest Strat🚀  Strategy Idea :  - Use a fast moving average (MA) to spot short-term trend direction.  - Use Relative Strength Index (RSI) to detect overbought or oversold conditions for entry/exit.  - Trade only in the direction of the trend indicated by MA.  - This reduces noise and improves win rate.  Indicators & Settings :  - Moving Average (MA): 9-period Simple Moving Average (SMA)  - RSI: 14-period, Levels: 30 (oversold), 70 (overbought)  Entry Rules :  Buy (Long) Entry :  1. Price is above the 9-SMA (uptrend).  2. RSI crosses above 30 from below (coming out of oversold).  3. Enter a long position immediately after RSI crosses above 30.  Sell (Short) Entry :  1. Price is below the 9-SMA (downtrend).  2. RSI crosses below 70 from above (coming out of overbought).  3. Enter a short position immediately after RSI crosses below 70.  Exit Rules:   - Take profit after 5-10 pips gain (...
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SUPPORT-RESISTANCE WITH RSI CONFIRMATION

1. Timeframe: 1 Hour (H1)


2. Indicators: 

 - RSI (14) 

 - Support and Resistance Zones (manually drawn or from indicator) 


3. Entry Rules: 

 - Buy Entry: 

 - Price touches a strong support zone 

 - RSI is below 30 (oversold) 

 - Bullish candlestick pattern (e.g., hammer) appears 

 - Sell Entry: 

 - Price touches a strong resistance zone 

 - RSI is above 70 (overbought) 

 - Bearish candlestick pattern (e.g., shooting star) appears 


4. Exit Rules: 

 - Take Profit: Next major resistance/support or 2x risk 

 - Stop Loss: Below/above support/resistance zone 


5. Works best during London and New York sessions.





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