The RSI trendline break out strategy is a strategy I learnt about from watching Expert4x's videos. I have learnt a lot about forex trading through his videos, particularly on how to use the RSI as a breakout tool or leading indicator. I am also a huge fan of his channel trading strategy. He has also demonstrated how moving averages can be used in very unique ways, and how to create an ema ribbon. The MACD and bollinger bands sometimes feature in unique ways.
Expert4x provides a lot of free educational videos, sells a bunch of profitable expert advisor's, and provides general trading analysis. If you like ea's two of his best (in my opinion) are the grid trend multiplier (a grid trading robot) and the Make Money ea.


The rules for this strategy are:
- RSI set to period 4 ( in my testing period 10 was pretty good as well)
- RSI must start overbought, go over sold then form a series of peaks and troughs in a down trend. Use the opposite for short.
- When the RSI breaks the trendline that is the entry. Ideally there is divergence in the RSI




- Free Pinbar finder with alerts from Expert4x
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- Support and resistance from expert4x
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Get free access to tradingview pro. Sign up with this broker:
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Forex Tester 4 - How to practice trading a lot

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Make your own free indicator.
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