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  • Buying conditions 1-price is above moving average 100 2-no big candles just a small or medium candles 3-price retrace back to moving average not required to touch the ma just getting close to it is enough 4- stocha

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    henx582
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    This strategy uses the 100 period simple moving average, 14 period stochastic oscillator, and RSI indicator to identify buying and selling opportunities in the market. It looks for the price to be above or below the 100 MA, the stochastic to be in overbought or oversold areas, and the RSI to be above or below the 50 line with a crossover signal. Take profits are set using the RSI level and stop losses are placed at the nearest high or low or using a 1.5 ATR value. Examples are provided to illustrate sell signals when the stochastic is overbought, RSI breaks below 50, and price is under the 100 MA. Buy signals occur when price is above the 100 MA, stochastic is over

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    This strategy uses the 100 period simple moving average, 14 period stochastic oscillator, and RSI indicator to identify buying and selling opportunities in the market. It looks for the price to be above or below the 100 MA, the stochastic to be in overbought or oversold areas, and the RSI to be above or below the 50 line with a crossover signal. Take profits are set using the RSI level and stop losses are placed at the nearest high or low or using a 1.5 ATR value. Examples are provided to illustrate sell signals when the stochastic is overbought, RSI breaks below 50, and price is under the 100 MA. Buy signals occur when price is above the 100 MA, stochastic is over

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    © All Rights Reserved
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    17 views6 pages

    Buying conditions 1-price is above moving average 100 2-no big candles just a small or medium candles 3-price retrace back to moving average not required to touch the ma just getting close to it is enough 4- stocha

    Uploaded by

    henx582
    This strategy uses the 100 period simple moving average, 14 period stochastic oscillator, and RSI indicator to identify buying and selling opportunities in the market. It looks for the price to be above or below the 100 MA, the stochastic to be in overbought or oversold areas, and the RSI to be above or below the 50 line with a crossover signal. Take profits are set using the RSI level and stop losses are placed at the nearest high or low or using a 1.5 ATR value. Examples are provided to illustrate sell signals when the stochastic is overbought, RSI breaks below 50, and price is under the 100 MA. Buy signals occur when price is above the 100 MA, stochastic is over

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
    of 6

    There is another variation of this strategy

     ou will need
    Y
    The 100 ma
    14 period Stochastic
    Rsi (add 50 line)

     uying or sell conditions


    B
    1- price is above or under 100 ma
    2- stochastic at overbought or oversold areas
    3- rsi is above 50 line and then break under or
    vice versa ( for example in buy condition rsi
    line must be crossing up the 50 line)

    It will be much easier to understand with


    screenshot examples

    Take profit and stop loss

     TOP LOSS
    S
    At nearest high in case of sell trade and
    nearest low at buy trade or you use 1.5x atr
    value like above
    TAKE PROFIT
    Will use rsi for example you entered buy then
    your tp is when rsi break above 70 line and
    then came back again to 70 line
    The same in sell but you use 30 line instead
    Sell trade example

    Stochastic was at overbought area

    Rsi break below 50 line

    Price under 100 ma

    Be a smart trader
    Another sell example

    Be a smart trader
    Another sell example

    Be a smart trader
    Buy example

    Price above 100 ema

    Stochastic in oversold area

    Rsi break above 50 line

    Be a smart trader

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