This trading strategy relies heavily on catching the trend. You may have success using this strategy on as low as the one hour chart or as high as the daily chart; however, I’ve had most success trading it on the four hour chart. This strategy consists of four indicators, which are: 1. 5 Period Exponential Moving Average (closed) 2. 15 Period Exponential Moving Average (closed) 3. 50 Period Exponential Moving Average (closed) 4. Stochastic indicator K=13 D=5 Smooth=5 (13,5,5) 80/20 Levels Refer
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This trading strategy relies heavily on catching the trend. You may have success using this strategy on as low as the one hour chart or as high as the daily chart; however, I’ve had most success trading it on the four hour chart. This strategy consists of four indicators, which are: 1. 5 Period Exponential Moving Average (closed) 2. 15 Period Exponential Moving Average (closed) 3. 50 Period Exponential Moving Average (closed) 4. Stochastic indicator K=13 D=5 Smooth=5 (13,5,5) 80/20 Levels