The strategy is based on identifying overbought and oversold conditions across multiple timeframes.
The primary indicator used is the stochastic indicator.
Stochastic Settings:
• %K period: 100
• %D period: 5
• Slowing: 4
•Price field : close/close
For buying:
• stochastic Signal line/Both Most be in the oversold zone (20 level of stochastic) on the H4, H1, 30m, 15m, 5m, and 1m timeframes.
Final confirmation For a Buy Position: Is when the stochastic Signal line moves above the 20 level on the one-minute timeframe
For Selling:
• stochastic Signal line/Both Most be on the overbought zone (80 level on stochastic) on the H4, H1, 30m, 15m, 5m, and 1m timeframes.
Final confirmation for a Sell Position when the stochastic moves below the 80 level on the one-minute timeframe.
Demo Version available is preferred so that transaction can be settled early.
We apply a smart martingale strategy when signals go against us, and our stop loss is not hit.
This involves entering another position when 1-minute timeframe gives another signal, with a lot size increased by X1.5 or X2 of your previous position
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