310# Stochastic Scalping

Stochastic Revesal Trading system

Submit by Mash 04/04/2013

Time Frame 15 min, but this tradig system works all time frame.

Currency pairs:any.

Stochastich Scalping indicators:

Stochastic (5,3,5,);(overbought 80 – oversold 20).

BSVG-var (25,14,14,21) (overbought 55 , oversold -55).

Stochastic Scalping Buy

When BSVG-var it crosses the -55 line from above, it is a bearish signal and wait that stochastic crosses upward.

Stochastic scalping Sell

When BSVG-var it crosses the 55 line from below, it is a bullish signal and wait that stochastic crosses downward.

Stop Loss

Putting stop loss above recent swing high or swing low.

So for long trades please place stop loss 5 pips below the lowest low of last 4 bars, and for short trades please place stop loss 5 pips above the highest high of last 4 bars.

Profit Target 8-15 pips or on the pivot levels o supports and resisteances.

Stochastic Scalping indicators and template

In the pictures above Market pulse filter for rsi scalping in action.

Comments: 2

#2
Admin (Sunday, 06 April 2014 23:06)

Stochastic oscillator (5,3,5).
Hidden things, these are the most interesting.
#1
Raimund Schmidt (Sunday, 06 April 2014 11:23)

Hello,

your website is one of the best to get trading ideas; great!
But I have two question to this system: 310# stochastic scalping:
1. I should use the RSI 8,5,3 but on the picture is used the RSI 5,3,5. What´s correctly?
2. Usually you can found about every indicator a lot of information on many websites. But not about the BSVG-var. Where I can read something about this indicator?

Best regards
Raimund