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  • OzFx Stochastic and oscillator strategy setup

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    stingray2
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    This document summarizes the OzFx Squeeze-More trading strategy which uses stochastic, average directional movement index (ADX), and average true range (ATR) indicators to identify entry and exit signals on the 4-hour chart. The strategy aims to catch large 100-800 pip moves by looking for confirmation of trends changing when the stochastic crosses above or below 80 or 20 and both ADX and ATR change color at the same time (strong signal) or when only the stochastic crosses and ATR later confirms the change. Positions are taken with three lots and profits are taken at 50 and 100 pips on the first two lots while letting the third lot run for larger moves.

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    Description of OZ EA

    Original Title

    OzFx Squeeze More

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    This document summarizes the OzFx Squeeze-More trading strategy which uses stochastic, average directional movement index (ADX), and average true range (ATR) indicators to identify entry and exit signals on the 4-hour chart. The strategy aims to catch large 100-800 pip moves by looking for confirmation of trends changing when the stochastic crosses above or below 80 or 20 and both ADX and ATR change color at the same time (strong signal) or when only the stochastic crosses and ATR later confirms the change. Positions are taken with three lots and profits are taken at 50 and 100 pips on the first two lots while letting the third lot run for larger moves.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
    12 views7 pages

    OzFx Stochastic and oscillator strategy setup

    Uploaded by

    stingray2
    This document summarizes the OzFx Squeeze-More trading strategy which uses stochastic, average directional movement index (ADX), and average true range (ATR) indicators to identify entry and exit signals on the 4-hour chart. The strategy aims to catch large 100-800 pip moves by looking for confirmation of trends changing when the stochastic crosses above or below 80 or 20 and both ADX and ATR change color at the same time (strong signal) or when only the stochastic crosses and ATR later confirms the change. Positions are taken with three lots and profits are taken at 50 and 100 pips on the first two lots while letting the third lot run for larger moves.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as PDF, TXT or read online from Scribd
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    of 7

    OzFx S q u e e ze -M o r e S t r a t e g y

    S e tu p : 1 . 2 . 3 . 4 . Op e S e tu S e tu S e tu n a p B p B p S n y 4 H r C i l l Wi l l i a i l l Wi l l i a to c h a s tic a n d m s m s o n le Aw Ac to p S tic k c h e so m e c e le ra to o f AC a rt. Os c i l l a t o r ( AO) w i t h D e f a u l t v a l u e s r Os c i l l a t o r ( AC ) w i t h D e f a u l t v a l u e s . w ith s e ttin g 5 ,3 ,4 .S e e a tta c h e d te m p la te f ile .

    A g g r e s s iv e E n tr y : 1 . S t r o n g S i g n a l : W h e n S t o c h a s t i c s % K a n d % D c r o s s e s a bo v e o r be l o w 8 0 o r 2 0 a n d bo t h A C a n d A O t u r n r e d / g r e e n a t t h e s a m e t i m e . 2 . Wh e n S t o c h a s t i c c r o s s e s a b o v e o r b e l o w 80 o r 2 0 . Wa i t f o r AC t o t u r n r e d / g r e e n , e n t e r o n o p e n o f t h e s a m e b a r . C o n s e r v a tiv e E n tr y : 1 . Wh e n S t o c h a s t i c c r o s s e s a b o v e o r b e l o w 80 o r 2 0 , w a i t f o r S t o c h a s t i c t o c r o s s 0 l i n e o f AC . S ta n d A s id e : 1 . Wh e n S t o c h a s t i c c r o s s e s a b o v e o r b e l o w 80 o r 2 0 b u t AC d o e s n t c h a n g e c o l o r o n t h e n e x t c a n d l e . 2 . Wh e n S t o c h a s t i c h a s b e e n m o v i n g b e t w e e n 80 a n d 2 0 . M o n e y 1 . 2 . 3 . 4 . E x it: 1 . D o n t e x i t i f t h e S t o c h a s t i c c r o s s e s u n d e r 80 a n d 2 0 . Wa i t f o r i t t o c r o s s 0 l i n e o f AC a n d t h e n e x i t . T h i s i s i m p o r t a n t i f y o u w a n t t o c a t c h b i g m o v e s . F o r e x . 1 0 0 -80 0 p i p s m o v e s . M a n T ra d e T a k e T a k e L e t th a g e m e n t: w ith 3 L o ts w ith S to p P r o f i t o n 1 st L o t a t 5 0 P ro fit o n 2 nd L o t a t 1 0 e 3 rd L o t r u n u n til y o u

    L o p ip 0 p se

    s s 5 0 p ip s a w a y s .M o v e S to p L o s s to B r e a k E v e n ( B E ) . ip s . e a n o p p o s ite e n try s ig n a l.

    R a t i o n a l e be h i n d a bo v e s e t u p : 1 . 4 H r c h a rt 2 . AO g 3 . As m th a t c 4 . S to c h C a v e a 1 . 2 . 3 . 4 . . ts: Y o u Y o u S to c Wh e c h a rt h e lp s in f o r 4 0 -5 0 P i p iv e s a n id e a o e n t i o n e d AC a n h e lp y o u g a s tic g iv e s in c a t c h i n g B i g M o v e s 1 0 0 80 0 P i p s . A s m a l l e r t i m e s m o v e s. f c u r r e n t t r e n d . Wh e n AO a n d AC a r e s a m e c o l o r t h e n i n d i c a t e s c h a n g e i n t r e n d f a s t e r t h a n AO a n d h e n c e p e ttin g c lo s e to c a tc h in g T o p s a n d B o tto m s . f o r m a t i o n a b o u t Ov e r s o l d a n d Ov e r b o u g h t p r i c e . V e r y fra m e c a n b e u s e d h o w e v e r e x p e c t s m a lle r m o v e s .F o r E x u s e 3 0 M in i t r e p r e s e n t s s t r o n g t r e n d . AO r e a c t s s l o w l y t o t r e n d t h e n AC . r o v i d e s g o o d e n t r y a n d e x i t s i g n a l s . AC a c t u a l l y i s t h e o n l y i n d i c a t o r im p o rta n t in d e c id in g E n try a n d E x it p o in ts .

    w ill n w ill n h a s tic n AC

    o t o t h e b a

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    a b le to c a tc a b le to p ic k u s to fin d b e a c h b e lo w

    h e to ig 2 0

    v e ry m p a n d b m o v e s o r a b o

    o v e . o tto m . a n d h e lp s u s to id e n tify s id e w a y m a rk e ts v e 80 a n d a t t h a t t i m e S t o c h a s t i c c r o s s e s t h a n i t i s s t r o n g s i g n a l .

    R e g a rd s Oz F x w w w .Oz F x .c o m .a u

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