555# Stochastic Slope with super signals channel system
Stochastic slope indicator.
Submit by Brumby2
Stochastic Slope with super signals channel system is an price action momentum forex strategy.
This tradinf system is for metatrader 4.
Time Frame 30 min , 60 min, 240 min, daily.
Currency pairs: EUR/USD, GBP/USD, USD/CHF,AUD/USD, AUD/JPY, GBP/JPY, USD/NZ;
metals: Gold and silver, Incies: S&P 500 Dax and Nasdaq.
Metatrader indicators:
Candle time & Spead indicator,
LSMA in color Indicator,
super signals channel;
Stochastic slope indicator (8,3,3).
Rules for Stochastic Slope with super signals channel system
Long Entry
Super signals channel green arrow;
LSMA in color Indicator line green color;
Stochastic slope indicator (8,3,3) crossses upward from oversold.
Wait for a candle to close where the conditions 1, 2 and 3 are visible. Place your entry
at the next candle's open.
Short Entry
Super signals channel red arrow;
LSMA in color Indicator line red color;
Stochastic slope indicator (8,3,3) crossses downward from overbought.
Wait for a candle to close where the conditions 1, 2 and 3 are visible. Place your entry
at the next candle's open.
How to exit?
Place stop loss on the previous swing.
Profit target ratio 1.1.
Roman (Monday, 26 August 2019 15:48)
The channel is redrawn (rePaint). Therefore, a stochastic filter is added/
After the arrow appears, wait for the confirmation candle
Roman
henk (Saturday, 16 September 2017 12:36)
good one
lonlgay1 (Monday, 08 August 2016 13:30)
Arrow was repaint...