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The document introduces the RSI indicator strategy for trend reversals on timeframes of 5-15 minutes for currency pairs like EURUSD and GBPUSD. It explains that RSI shows when the price is overbought or oversold, signaling trend reversals back within its 30-70 trading range. It provides instructions on how to set up the RSI indicator on a 1-minute candle chart using a period of 5, and describes buying put options when RSI drops below 70 from overbought conditions or call options when RSI rises above 30 from oversold conditions.












An overview of a profitable trading strategy using the RSI indicator focusing on trend reversals within 5-15 minute trades showcasing effectiveness on EURUSD, GBPUSD, and EURJPY.
Explanation of the RSI indicator as a tool that tracks asset price changes, typically within a trading range of 30 to 70.
Definition of overbought (above 70) and oversold (below 30) zones and their significance in indicating potential trend reversals.
Criteria for identifying sell signals when the price enters the overbought zone and RSI drops below 70, prompting a purchase of put options.
Criteria for identifying buy signals when the price falls into the oversold zone and RSI rises above 30, suggesting a purchase of call options.
Instructions for registration on OLYMPTRADE.com, highlighting the simplicity of the process requiring only four fields.
Steps to access the OLYMP TRADE platform and selecting a 1-minute timeframe for trading with RSI.
Guidance on selecting RSI in the 'Indicators' section and setting the period to 5 for optimal use.
Instructions for trading strategies based on RSI levels breaking above 30 or below 70 to identify buy and sell opportunities.
Advice on choosing high-income assets (80-90%) while avoiding trading during important news events and capitalizing on high market volatility between 7:00 and 17:00 UTC.
Encouragement to utilize the RSI strategy as a means of improving overall trading effectiveness.