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Pair: majors
Time: 5min, 15min,30min,1hour
Long
Entry
a) When
the stochastic
crosses up
from the 20 line and is not ovebought;
first
buy signal
The
4
ema
to the close has crossed up the 6 ema smoothed when the ;
conditions
:if all of them
Stochastic>52
RSI>52
the
second buy signal when The
MACD
>0
Sell Signal
a) When
the
stochastic
crosses up from the 80 line and is not ovebought;
first
sell signal
The
4
ema
to the close has crossed down the 6 ema smoothed;
conditions
:if all of them
Stochastic<48
RSI<48
the
second sell signal when The
MACD
<0
Stop
Loss
is
the low of the previous candle for buy;
is
the high of the previous candle for sell.
or
Trailing stoploss
Exit
Position
Two
Options:
-
when
the 4 ema to has crossed the 6 ma smoothed in opposite direction;
-
Profit
Target Predetermined: changeable pips e.g. (GBPUSD 8 pips )
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