LWMA and RSI Forex Strategy

Currency pairs: majors

Time Frame 15 min or higher.

Indicators

3LWMA

12LWMA

RSI 12

Signal Noise

Long Entry

When the 3/12 crosses up and the 21 RSI crosses above 50 .

Short Entry

When the 3/12 crosses down and the 21 RSI goes below .

Condition:Signal Noise do not flat.

Exit Position

1. Wait for the reverse cross of the 3 LWMA and the 12 LWMA, might come back a little but often goes for days in one direction for a good profit and surer sign of entry and exit.
2. A set take profit, preferably 10-15 pips for 15min TF.

1. Calculated take profit level according to fib numbers, resistance or support levels or eye-balled resistance or support levels.
2. Stop loss on the previous swing.

Option:

Exit position Setting for 4H Time Frame

1. Wait for the reverse cross of the 3 LWMA and the 12 LWMA, might come back a little but often goes for days in one direction for a good profit and surer sign of entry and exit.
2. A set take profit, preferably 30-50 pips for 4H TF. (AUD/USD, USD/CHF=30 pips), (EUR/USD USD/CAD= 40 pips), (GBP/USD, EUR/JPY, GBP/JPY=50 pips) 
3. Stop loss on the previous swing and move stop at the Entry point after 25 pips in gain.

In the pictures LWMA and RSI Forex Trading System in action.