231# Stochastic MTF Method with m-candle (Scalping)
Stochastic Indicator MTF Trading system
Submit by joy22
Time Frame 5min
Currency pairs majors.
Metatrader indicators
Alligator,
Stochastic indicator (5,3,3) 5min fast,
Stochastic indicator (30,5,10) 30min middle,
Stochastic indicator (5,2,3) 240min slow.
When Trend up entry make from os position at sochastic.
Mean 5 min stochatic setting: (5,3,3) must same direction with midlle speed stochastic setting (30,5,10). Fast Stochastic and midlle speed stochastic indicator must at same direction with slow stochastic setting 5,3,3, at H4. SeeTrend Guide.
H4 stochastic are crossing here, mean changing trend are detecting are high Time Frame. So I recognize this 1° signal for uptrend. See Pictures
Share your opinion, can help everyone to understand the forex strategy.
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