687# Best Stochastic Scalping and Binary
Stocastic MTF, Stochastic Signal and MACD with Support and Resistance
Stochastic Price Action Strategy for Scalping and Binary Trading
Submit by Maximo Trader
Best Stochastic Scalping Strategy is a momentum price action trading system based on Stochastic MTF, Stochastic Signal and MACD with Support and Resistance. The Strategy is very tidy and easy to follow, the arrows are based on the stochastic but are customized and filtered. One of the two arrows may disappear if there is a contrary bar but the filter system is robust and guides trading decisions well. The system is configured to trade at 5 and 15 minutes and on all major currency pairs, equity indices and commodities.
I point out that this is a suitable system for binary options, indeed it was born to trade binary options.
The trading rules are the same as for scalping.
Time frame 5 min expiry time 3 min.
Time frame 15 min expiry time 5 min.
This is a winning strategy that is also suitable for beginners.
Setup Strategy
Time Frame 5 min e 15 min
Currency pairs: AUDUSD. EURUSD, GBPUSD, AUDJPY, GBP/JPY, NZDUSD, NZDJPY,
EURAUD, EURCAD, USDJPY, S&P500, NASDAQ 100, Dow 30, VIX, Gold and Silver.
Metatrader 4 Indicators
Trigger Compass.
Trigger Trend
Trigger Zone (support and resistance zone).
Stochastic Arrow.
MACD (15, 26, 2).
Stochastic MTF Alert MTF (15 min , 30 min 10,3,3).
Trading rules
Buy
Price above support zone
Stochastic buy arrow.
MACD green bar.
15 min or 30 min stochastic green color bar.
Sell
Price below resistance zone
Stochastic sell arrow.
MACD red bar.
15 min or 30 min stochastic red color bar.
15 min or 30 min stochastic red color bar.
Exit Position
Minimum ratio stop loss 1:1
Stop loss above/below the support and resistance zone.
Examples of trades.
Nasdaq 100 15 minutes chart.
In the example we see there is a Buy example that meets all the conditions, the buy signal is confirmed by all the MACD and Stochastic green bar indicators and comes from a support zone.
GBPUSD 5 minutes chart
In the image there are three trades 2 sells and one buy all gone into profit.
AUDUSD 15 minutes chart
In the image there are three trades 3 sells and one buy all gone into profit. The buy order does not respect the rules because the MACD has the red bar. You can also enter aggressively, however, only when you are familiar with this trading system. This is only on 15 min chart.
EURUSD 5 minutes chart
Fantastic! 3 perfect winning trading examples. Everyone respects the conditions imposed. Here it is noted how this particular stochastic arrow tends to follow the impulse.
GBPJPY 5 minutes chart
Other 4 trades all won !! what about happy trading.
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