Instruments: the strategy fits all instruments.
Indicators: RSI (8).
When to open long positions:
Place an order after opening of a daily bar.
a) When RSI is above 70 mark, place a pending buy order 20 points above the opening level of the daily bar.
b) When RSI is below 30 mark, place a pending sell order 20 points below the opening level of the daily bar.
Exit points: take profit – 50 points; stop-loss – 25 points.