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Strategy 11 - Scalping with Stochastic

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Time Frame: All Currency Pairs: All Indicators: WMA (10), SMA (20) (SMA = Simple Moving Average,WMA = Weighted Moving Average and Linear Weighted Average), Stochastic (10,6,6), RSI (14) MACD (24,52,18 )

 

Buy signal

When the moving average of 10 period  crosses the moving average of 20 periods upward, The Stochastic has upward trend, the RSI has a value greater than 50, and MACD is greater than zero, then we would be entering with a order of buy . We will take profits when the MACD reverse its trend

 

Sell Signal

When the moving average of 10 period  crosses the moving average of 20 periods down, The Stochastic has downward trend, RSI has a value less than 50, and MACD is less than zero, then we would be entering with a sale . We will take profits when the MACD reverse its trend.

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Scalping

One of the first indicators on that we have to concentrate, is in the stochastic, when it reaches its end points 20 or 80, we would be seeing a change of trend.

Greetings. GBY

Forexman
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ASDForex manager and professional trader since 2008. I am also Aleforex.com manager where you can view the services that I give
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