In this video I demonstrate a Mean Reversion Trading Strategy using RSI or Relative Strength Index Indicator for GBP/USD Forex pair on the daily timeframe.

I include a simple bailout exit and fixed pip stop loss.

I include 2 studies: One is a regular optimisation and out of sample test. And the other is a walk forward analysis test.

Data is from Oanda from 2008 - October 2021 and all the programming and testing is done on MultiCharts.

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DISCLAIMER:

I am not a financial advisor and I am not offering you financial advice. I am not regulated in any way. The purpose of the content I provide is for educational purposes only.

Any information you receive is based on my own knowledge and experience in the financial markets and how you act on the information provided is your own responsibility.

I cannot be held responsible for any losses you may incur as a result of ideas taken from my content provided.