Qx RSI Scalper – Overview

[quant...@gmail.com]

This expert uses a similar RSI relationship to the FAP Turbo but with
none of the myriad of conditions which were added to the original
indicator parameters. Even the essence of the indicator comparisons
have been simplified to the essence of the RSI relationship. Unlike
the FAP Turbo all aspects of the program that are externalized can be
optimized. It can be traded on any currency pair. It has Start Time
and End Time settings with the option of closing orders at the End
Time or leaving them to close on exit conditions. Unlike the FAP it
does not close with a loss on trend reversals to a win. Nor does it
take deep draw downs. Take profits are not fixed a 10 to 12 pips per
trade but are allowed to run if there is no reversal during that price
distance from the open order price. It has the same filter options,
with the main difference being that these filters actually do
something.

[tao.ju...@gmail.com]

Do you consider it a scalping method or trend following then? For
other pairs, is it still used on 15M frame?

[Rahn Heart]

See Below

On Sat, Apr 25, 2009 at 6:20 AM, tao.ju...@gmail.com <tao.ju...@gmail.com> wrote:

Do you consider it a scalping method or trend following then?

The ultimate edition will do both

 

For
other pairs, is it still used on 15M frame?

It will trade all pairs and at this point is designed for the M15 but it could be that the M30 will be better in the end.