It's based on a standard Stochastic Oscillator indicator, which signals a trend fatigue and change. That system that you will almost always enter on pull-backs, guaranteeing rather safe stop-loss levels. Enter Long position when the cyan line crosses stochastic red one from below and both are located stochastic the bottom half of the indicator's window. Enter Short position when the cyan line crosses the red one from above and both are located in the upper half stochastic the indicator's window. Five signals for this strategy can be seen on the example chart above. All stop-loss levels are marked with the yellow horizontal lines on the chart. The first signal is for a Short position with a close stop-loss; take-profit is achievable here. System second one is a bullish signal, system turns out to be a wrong pull-back, but, fortunately enough, the stop-loss is quite tight here. The third signal is not a signal actually, system it is a bearish figure cross that appears in the lower half of the window forex thus stochastic disregarded. The fourth signal is stochastic with a stop-loss quite far away, but even the most aggressive take-profit level would work here. The final signal is forex Short, with tight stop-loss and a lot of place for a rather profitable TP setting. System bullish and bearish signals should follow one after another, but system to the occurrence of the false signals bearish in the lower half and bullish in the upper half of the windowit is not always the case. Use this strategy at your own risk. It is not recommended to forex this strategy on the real account without stochastic it on demo first. Do you have any suggestions or questions regarding this strategy? You can always discuss Stochastic Oscillator Strategy with the fellow Forex traders on the Trading Systems and Strategies forum. Design — Mart Studio. MT4 Forex Brokers MT5 Forex Brokers PayPal Brokers WebMoney Brokers Oil Trading Brokers Gold Trading Brokers Muslim-Friendly Brokers Web Browser Platform Brokers with CFD Trading ECN Brokers Skrill Brokers Neteller Brokers Bitcoin FX Brokers PAMM Forex Brokers Brokers for US Traders Scalping Forex Brokers Low Spread Brokers Zero Spread Brokers Micro System Brokers With Cent Accounts High Leverage Forex Brokers cTrader Forex Brokers UK Forex Brokers ASIC Regulated Forex Brokers Swiss Forex Brokers Canadian Forex Brokers Spread Betting Brokers New Forex Brokers Search Brokers Interviews with Brokers Forex Broker Reviews. Forex Books for Beginners General Market Books Trading Psychology Money Management Trading Strategy Advanced Forex Trading. Forex Forum Forex Resources Forex Newsletter. Forex Course Forex for Dummies Forex FAQ Forex Glossary Guides Payment Systems WebMoney PayPal Skrill Neteller Bitcoin. Contact Webmaster Forex Advertising Risk of Loss Terms of Service. Please disable AdBlock or whitelist EarnForex. EarnForex Forex Tools Forex Strategies. Features Simple to follow. Forex one standard indicator used. Take-profit level isn't optimal. Strategy Set-Up Any currency pair and forex should work. But longer timeframes are recommended. Entry Conditions Enter Long position when the cyan line crosses the red one from below and both are located in the bottom half of the indicator's window. Exit Conditions Set stop-loss to the stochastic maximum if going Long and to the local minimum if going Short. Close position immediately if another signal is generated. Example Five signals for this strategy can be forex on the example chart above. Please, disable AdBlock extension in your browser.
Strategy Stochastic - Stochastic oscillator indicator trading strategy for Forex & Binary IQ Options
Strategy Stochastic - Stochastic oscillator indicator trading strategy for Forex & Binary IQ Options
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