65# Stochastic Divergence, Advanced Trading System
Submit by Joker
Time Frame H1
Currency pairs: any
Indicators:
1. 100 period Bollinger band
2. 200 period Bollinger Band
3. 100 period SMA (simple moving average)
4. 200 period SMA (simple moving average)
5. 14/7/3 Slow Stochastic.
Indicators:
1. 100 period Bollinger band
2. 200 period Bollinger Band
3. 100 period SMA (simple moving average)
4. 200 period SMA (simple moving average)
5. 14/7/3 Slow Stochastic.
Stochastic Divergence
Divergence occurs when the price action on the chart is either still going up,
and the stochastic is coming down, or vice versa.
The entry rule for this setup requires the following:
When buying, the stochastic should have been initially oversold (below 20).
After this, the price action continues lower, whilst the stochastic begins to
climb higher. The entry takes place during this process, when a entry
signal occurs (reversal candle against support and 200 SMA/Bollingers)
When selling, the stochastic should have been initially overbought (above
80).
After this, the price action continues higher, whilst the stochastic begins
to move lower. The entry takes place when a G7 entry signal occurs (reversal
candle against resistance and 200 SMA/Bollingers.
This type of entry is best described using chart examples, and the following 4
charts illustrate the divergence entry.
Stochastic Divergence
Stochastic Forex Strategies
Divergence Metatrader Indicator
42# Stochastic Trading Method I “ Basic Momentum” - Forex ...
45# Stochastic Trading Method IV, “Spud's MTF FIB Breakout
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65# Stochastic Divergence, Advanced Strategy - Forex Strategies
21# Slow Stochastic, Mas and ADX - Forex Strategies - Forex ...
196# Stochastic Forex Strategy II - Forex Strategies - Forex ...
6# Stochastic and EMA - Forex Strategies - Forex Resources -
14# Sekuntil Stochastic - Forex Strategies - Forex Resources -
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