91# Three Stochastic Binary System
Stochastic volatility and trend momentum
Three Stochastic Binary System is a continuation of Double stochastic binary system. I add two indicators history MACD and Standard deviation MA but i have delet Momentum with Stochastic RSI.
Time Frame 5min.
Expiry time 1 or 2 Candles.
Markets: EUR/USD, GBP/USD, AUD/USD, USD/CHF, USD/JPY, GPB/JPY, NZD/USD and indicies (S&P 500 and Dow)
Metatrader Indicators:
Bollinger Bands (12 moving average :2 deviation);
3 Exponential moving Average;
5 Exponential moving Average;
In the same window:
Stochastic Indicator (5, 3,3, High/Low),
Stochastic Indicator (4, 2,2, High/Low close),
Stochastic Indicator (2, 2,2, High/Low close),
Standard Deviation MA (3, 2, 1,),
Rules for Three Stochastic Binary System
Do not trade in sideways markert.
Buy Call
Main conditions
Price close above middle band of BB,
3SMA > 5SMA,
Stochastic (2,2,2) crosses upward stocastic (5,3,3,) and (4,2,2);
MACD History green bar;
STD MA grey bar optional.
Buy Put
Main conditions
Price close belw middle band of BB,
3SMA < 5SMA,
Stochastic (2,2,2) crosses downward stocastic (5,3,3,) and (4,2,2);
MACD History red bar;
STD MA grey bar optional.
This Strategy is also good for scalping.
Currency pair: Majors
Time Frame 5min and 15 min.
Exit position with fast profit target (that depends by time frame and currecy pairs).
Initial stop loss 3 pips below/above the middle band.
The main differences with the previous trading system is the moving average of Bollinger Bands (12VS 20) and the stochastic oscillator (2,3,2).
In the pictures Three Stoochastic binary system
