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Number of messages : 5
Points : 130
Date of Entry : 2021-06-01
Residence Country : non

attention DomusFX Forex strategies

Tue Jun 01, 2021 3:04 pm
Message reputation : 100% (1 vote)
Time frame: Any.
Indicator: Full Stochastic (14, 3, 3)
Currency pair: Any.

Entry rules: When Stochastic has crossed below 20, reached 10, and then crossed back up through 20 – set BUY order.
Entry rules: Sell when Stochastic has crossed above 80, reached 90, and then crossed back down through 80.
Exit rules: close trade when Stochastic lines rich the opposite side (80 for Buy order, 20 for Sell order).
Advantages: gives quite accurate entry/exit signals in well trending market.
Disadvantages: needs periodical monitoring. Stochastic is suggested to be used along with other indicators to eliminated entering on false signals.

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