EUR/USD Strategy Using RSI Crossovers with Symmetric Pip Exits

Summary

This hourly EUR/USD strategy uses two separately parameterized RSI series, each smoothed with an exponential moving average. It enters long when the faster RSI-derived average crosses above the midpoint and short when the slower one crosses below it. Each direction has a fixed profit target and stop loss of equal size, and an opposing entry is described as exiting the current position. The stated backtest setup uses the full account equity per order, no leverage, and no pyramiding; the document supplies no performance results.

The creator says the method was designed specifically for EUR/USD on the hourly chart and that indicator settings and exits need recalibration for other markets or timeframes. The accompanying disclaimer notes that the strategy was constructed with hindsight and that past performance cannot assure future results. Without reported testing metrics, transaction-cost assumptions, or a robustness analysis, the description is insufficient to assess profitability or suitability.

Key ideas

• Long entries follow an upward midpoint crossover of a smoothed RSI with shorter settings.
• Short entries follow a downward midpoint crossover of a separately smoothed RSI.
• Both directions use equal fixed profit targets and stop losses, with opposing entries serving as exits.
• The strategy is specified for hourly EUR/USD and calls for recalibration elsewhere.
• No backtest performance metrics are provided, and the creator flags hindsight risk.

Tags

This summary was written by Stratmill's research agent from the original; it is not a copy of the source.