RSI problem in the forex trading software MT

The relative strength index RSI is based on the principle of balance between supply and demand in the market, by comparing the rise and fall of the first in a period of time or the size of the index of the whole market to analyze and judge the strength of the buying and selling forces of the long and short sides in the market, so as to judge the future market trend of a technical indicator.

Short-term RSI refers to RSI with relatively small parameters, and long-term RSI refers to RSI with relatively long parameters. For example, between a 6-day RSI and a 12-day RSI, the 6-day RSI is the short-term RSI and the 12-day RSI is the long-term RSI. The crossover of the long-term and short-term RSI lines can be used as a method for us to judge the best.

1. When short-term RSI > long-term RSI, the market is a long market;

2. When short-term RSI is long-term, the market is a short market;

3. When the short-term RSI line breaks through the long-term RSI line at a low level, it is generally the "** cross" of the RIS indicator, which is the ** signal;

4. When the short-term RSI line breaks through the long-term RSI line at a high level, it is generally a "death cross" of the RSI indicator, which is a sell signal.

Two lines can be dragged and placed in a table.

Are the two RSI tables you mentioned the same indicator? Your two RSIs should be two RSIs of both sizes, which can be stacked in the same indicator window!

Don't talk nonsense if you don't understand! When MT is a great wisdom, a straight flush and the like, according to the Huijin, Qianlong copy of the ** software? Domestic financial software and foreign are two ways of thinking!

MT is more similar to the old foreign professional analysis software Metastock, TradeStation, and Advanced Get

**, Bollinger is very easy to use, but I think RSI is not as good as MACD can show the current market state, although MACD delay (if you want to react quickly, it is better to use ** indicator)! The biggest feature of the 4h chart is that it is not long or short, suitable for the middle line, and obviously your profit and stop loss are based on intraday **, and you give yourself the positioning to play intraday trading, so it is better to use 15m, 30m or 1h chart!

Judging from your trading results, basically no loss or gain, this type of possible way to make money is: statistics whether there are indicators in the extreme state or weak state when the order is placed? If you can't adjust it with a filter, then it's not easy!

At most, it is made into a swiping type of EA, and you can also exchange it for some money!

Limited time is not an excuse not to study hard, analyze, and correct yourself! Whether there is this "heart" or not is the most important thing! Whoever started the trouble should end it!

Everyone's trading strategy only everyone knows the process from beginning to end best, even if others blow you in the end, you know best what your trading strategy is, when it doesn't work!

BTW: There is no trading strategy that will always make money, only a time that never stops! In the long river of time, there is no other choice to either rush forward or go with the flow!

Earn 50% in a week? That means you can lose 50% in a week! Your risk control is really worrying!

Is there a clear stop loss? Is there a clear number of open positions? Have you tested this strategy with past data?

I have done it before when I did U.S. stocks, but I usually do 1-minute charts, of course, U.S. stocks have an advantage in rebating commissions, so it can last for a long time, but it's too tiring. At that time, I also wanted to use it for foreign exchange, but I found that the fee was too expensive, so I gave up. However, when doing U.S. stocks, I think the most important experience can be said to you, and you can refer to it.

First, the time period, usually when we swipe the order, we are looking for a list of transactions, and the day is usually at noon. Second, measure the recent ** amplitude. This is the profit point and stop loss.

The biggest advantage of swiping is the high success rate, but the biggest disadvantage is that the stop is big, nine profits and losses may be a loss, so it takes a long time to practice, and experience is very important. If you are still not deep, it is recommended to switch to swings or general trends.

It's deceptive and attractive at first glance!

You have a profit target of pips, do you have a stop-loss strategy? My strategy is that the take profit in pips is larger than the stop loss, and the take profit probability is greater than the stop loss, and I have developed a trading system.

There is a lot of common knowledge of foreign exchange operations in Jiahuiguo, and it also provides real-time foreign exchange rates, and you can sign up for a demo practice account. It seems that they are still holding a demo forex trading competition.

There are many forex platforms, choose a relatively good one, such as FXDD FXSOL contact.

Speculation in foreign exchange is not illegal, and speculation in foreign exchange is allowed in China;

Forex makes money or not. Since they have all stepped into it. It should also be understood. Can this line of work make money? The key is how to earn.

So avoid the following:

1.The loss should not exceed 1/10 of the trading capital for each market entry.

2.Cast a stop-loss level forever.

3.Never buy or sell.

4.Never let the position turn into a loss.

5.Don't go against the market.

6.If there is doubt, i.e. close the position. Exit.

7.Buy and sell only in active markets.

8.Never limit the price to enter and exit the market. To buy and sell in the market.

9.If there is no proper reason. Do not close your position. You can set a stop earning position. Guaranteed profits.

10.After winning the market in a row. A portion of the profits can be withdrawn in case of emergency.

11.Don't speculate only in the hope of receiving interest.

12.When buying and selling losses, do not increase the weight.

13.Don't enter the market out of impatience, and don't close your position out of impatience.

14.Willing to lose rather than win. Cut the ring.

15.A stop-loss order that falls when entering the market. It is not advisable to cancel haphazardly.

16.Do more and make more mistakes. Wait for the opportunity to enter the market. It is not advisable to speculate too closely.

17.Grasp. Buy. Freedom should not be unilateral.

18.Don't buy because the price is too low. Don't short sell because the price is too high.

19.Avoid pyramiding at inappropriate times.

20.Never hedge.

21.If there is no proper reason. Avoid arbitrarily changing the trading strategy of your open orders.

It should be said that there is no clear legal clause stating that foreign exchange speculation is illegal, but the state does not allow foreign exchange trading, so speculating in foreign exchange is not illegal, but it is also legal.

This is a legitimate investment project, whether it is Chinese or foreign, it is the same, and the best thing in the world is Magellan Finance.

It is permissible, except that China cannot open an account with a local bank

The foreign exchange rate fluctuates greatly, and it is still a good point.

At present, there are two main channels for Chinese investors to invest in the foreign exchange market, one is to do foreign exchange real transactions opened by domestic banks. The other is to open an account directly abroad through the first institution in China through foreign dealers to do foreign exchange margin business.

Due to the large spread of foreign exchange real trading in China (which can be understood as high transaction costs), there is no leverage and many other factors, except for large fluctuations in the exchange rate, the general rate of return is difficult to be satisfactory. The foreign exchange margin business is sought after by many investors because it can be traded in both directions, both long and short, and because of the leverage ratio, it can be small and large.

At present, the business opened in the mature foreign exchange market in foreign countries is basically in the form of foreign exchange margin, rather than foreign exchange real trading. The main reason why China's domestic financial institutions have not carried out margin business is that they have not yet made preparations for this aspect.

At present, the foreign exchange margin business has not been fully opened in China. However, the state does not interfere with citizens' overseas investments.

China has a clear law that prohibits the mainland from setting up companies and organizing citizens to speculate in foreign exchange.

At present, the foreign exchange companies in China are all foreign companies, as long as they are regulated formal platforms, they are legal, do not interfere with citizens' personal investment, and the trading behavior does not occur in China.

Foreign exchange is a creditor's right that can be used in the event of a deficit in the balance of payments held by the monetary administration (**bank, monetary management agency, foreign exchange leveling ** and the Ministry of Finance) in the form of bank deposits, treasury bills of the Ministry of Finance, long-term and short-term bonds. Including foreign currency, foreign currency deposits, foreign currency negotiable (**public bonds, treasury bills, corporate bonds, **etc.), foreign currency payment certificates (bank deposit certificates, postal savings certificates, etc.). Those who engage in foreign exchange transactions without authorization are not protected by law, and organizing and participating in such transactions is an illegal operation of foreign exchange business and the act of buying and selling foreign exchange without permission.

According to Article 45 of the Regulations of the People's Republic of China on Foreign Exchange Administration, if a person buys or sells foreign exchange without permission, buys or sells foreign exchange in disguise, or illegally introduces or sells foreign exchange in a relatively large amount, the foreign exchange administration authority shall give a warning, confiscate the illegal gains, and impose a fine of not more than 30% of the illegal amount; where the circumstances are serious, a fine of between 30% and the equivalent value of the illegal amount is to be imposed; where a crime is constituted, criminal responsibility is pursued in accordance with law. Legal basis:

Article 45 of the Regulations of the People's Republic of China on Foreign Exchange Administration stipulates that anyone who buys or sells foreign exchange without permission, buys or sells foreign exchange in disguise, buys and sells foreign exchange in disguise, or illegally introduces and trades foreign exchange in large amounts, shall be given a warning by the foreign exchange administration authority, confiscated the illegal gains, and imposed a fine of not more than 30% of the illegal amount; where the circumstances are serious, a fine of between 30% and the equivalent value of the illegal amount is to be imposed; where a crime is constituted, criminal responsibility is pursued in accordance with law.

MT and Huixuntong, Huixuntong is free of charge, these two software can give it a try, it's very easy to use.

In fact, the analysis software is not important, really, as long as you use 2 or 3 indicators well, you are a master, don't be greedy, too much, not precise, understand, I have been doing this for 2 years, this is my experience, and it is also the experience of most veterans, like** rsi sto support and resistance, trend lines, just these commonly used can be If you don't understand it yet, you can chat privately m me.

I usually use a game master, and some crosses look at the Huilong market, which are some basic indicators.