Stochastic Oscillator Trading

Stochastic High-Low

Forex trading systems that use Stochastic indicator
Time Frame : any
Currency Pair: EUR / USD
Indicator: Stochastics (14, 3, 3) Forex Indicator

Exit rule:
When the Stochastic crosses the 20-line and move down touches or crosses the 10-line to turn up to the 20-line place a buy position
When the Stochastic oscillator crosses up the 80-line and move up touches or crosses the 90-line to turn down to the 80-line place a sell position.

Exit rule:
Step out of position when the Stochastic is moving to the opposite side

This strategy gives good buying and selling signals in a market trend. But this strategy requires monitoring. It is recommended to uses other indicators as confirmation signal.


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