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    Setting take profit according to RSI value

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    • M
      marktuwers last edited by marktuwers

      Hi folks,
      Just a quick question: how can I set the take profit using the 14 period RSI by setting a value of 70?
      Does anybody know how to do so?

      l'andorrà 1 Reply Last reply Reply Quote 0
      • Y
        Youngtreptrader last edited by

        yo cant set take profit level at the rsi cause no one knows wat the price will be when 70 rsi is reached. but wat you can do is do a custom close when rsi goes abouve 70. For each trade" then put rsi condition then connect "close profitable trades

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        • l'andorrà
          l'andorrà @marktuwers last edited by

          @marktuwers Do you mean you need the value of RSI at level 70? That can be very different depending on the market conditions-

          (English) I will try to help everyone in these fxDreema forums. But if you want to learn how to use the platform in depth or more quickly, I can help you with my introductory fxDreema course in English at https://www.theandorraninvestor.eu.

          (Català) Miraré d’ajudar tothom en aquests fòrums d’fxDreema. Tanmateix, si vols aprendre a fer servir la plataforma amb més profunditat o més de pressa, t’hi puc ajudar amb el meu curs d’introducció a fxDeema en català a https://www.theandorraninvestor.eu/ca.

          (Español) Intentaré ayudar a todo el mundo en estos foros de fxDreema. Sin embargo, si quieres aprender a usar la plataforma en profundidad o más deprisa, te puedo ayudar con mi curso de introducción a fxDreema en español en https://www.theandorraninvestor.eu/es.

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