63# Double Stochastic Binary System

Double Stochastic oscillator with Relative Strength Index

 

Submit by Olivier 11/06/2014

 

Double Stochastic Binary System is an impressive momentum strategy. The main feature is the explosion momentum.

Time Frame 5 min

Expires time 10 min or 15 min .

 

Technical Indicators

Exponential moving average 4 periods,

Stochastic oscillator (3,3,2),

Stochastic oscillator (4, 2,2),

Relative Strength Index ( RSI 7 periods),

Bollineger Bands ( 20, 2).

ADX (11 with level 30)

 

 

Buy Call

conditions

ADX (11) > level 30

EMA (4) > SMA (20- middle band);

Stochastic oscillator (3,3,2) and

Stochastic oscillator (4, 2,2),

cross upward Relative Strength Index from oversold

Buy Call when the price bounce on the 4 EMA.

 

Buy Put

ADX (11)> level 30;

EMA (4) < SMA (20- middle band);

Stochastic oscillator (3,3,2) and

Stochastic oscillator (2, 2,2),

cross upward Relative Strength Index from oversold

Buy Put when the price bounce on the 4 EMA.

 Do not trade in range markets.

This is just an idea that can be improved and also applies to other TF.

Double Stochastic Binary System
Double Stochastic Binary System
Double Stochastic Binary System
Double Stochastic Binary System
Double Stochastic Binary System
Template MT4
double stochastic binary system.rar
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