667# Turbo Trading
3C Turbo JRSX: trading idea on retracement.
Submit by Frank 25/12/2015
Turbo Trading is a trading system for swing trading based on Turbo JRSX and RSI filter this is a momentum strategy with Low Risk trading approach and Buyng/Selling on trend retracement in direction of trend.
The trend is determined by the concordance of the two RSI below the graph.
When the two RSI are colored blue the trend is up.
When the two RSI are red, the trend is down.
Time Frame 30 min or higher.
Financial markets: any.
3C Turbo JRSX 9 period with ma (3 period smoothed).
RSI Filter 14 periods (close),
RSI 21 periods (close),
Trading Rules Turbo Trading
Trades only in the direction of the trend.
When the 3C Turbo JRSX touches or broken the 30 level wait that JRSX crosses upward the MA;
RSI filter (14 period) and RSI (21 period) are with bar blue color .
When the 3C Turbo JRSX touches or broken the 70 level wait that JRSX crosses downward the MA;
RSI filter (14 period) and RSI (21 period) are with bar red color.
Not trading when the two RSI do not agree.
An additional filter is to trade only in the direction of the daily trend.
This is a method of trading that goes on retracements then the stop and profit from changing the way that traders apply.
This is a trading idea on retracement.
In the pictures Turbo Trading in action.