Simple Technique RSI GILLERR +EMA Scalping Fast In Fast Out @MAN KINA...
Loses money
No edge after realistic trading costs
- trades tested
- 8,259
- per trade after costs
- -3.68bp
- winners
- 30%
- years of data
- 17.5
Gold 5-minute scalp with an 'RSI Gillerr' oscillator panel (RSI(1) smoothed by several EMAs plus a slow line, levels 'ready sell' ~90, 'TP 1' ~55, 'ready buy' ~10): sell when the oscillator is overbought, confirmed by its EMAs crossing down through the slow line and by a 2-MA cross down on price. Take profit when one of the oscillator EMAs reaches the TP 1 level.
The exact rules we tested
- 01Instrument: XAUUSD | Signal timeframe: 5m | Direction: both
- 02LONG sequence: 1. [o5 < 10] just became true this bar THEN 2. o13 crosses above oslow (within 12 bars) THEN 3. ema5 crosses above ema13 (within 12 bars)
- 03SHORT sequence: 1. [o5 > 90] just became true this bar THEN 2. o13 crosses below oslow (within 12 bars) THEN 3. ema5 crosses below ema13 (within 12 bars)
- 04Entry: market at next bar open
- 05Stop: none (as taught - the trade closes only on its exit rule) [the video gives none]
- 06Exit longs when: o5 crosses above 45
- 07Exit shorts when: o5 crosses below 55