8# FTLR Trading System

Stochastic and Bollinger Bands

Submit by ForexStrategiesResources

 

Time Frame :5 min or higher

Pairs: all

 

Indicators:

Sixths Screen V.3.6 DC;

Stochastic (14, 5,5,);

Stochastic (21,9 ,9, );

Squalou and Steve's Trade signals

Setup:

Sixths indi takes the high/low of the previous BarCount bars and divides this figure into sixths. The zone in between the green lines is a no-trade zone.

  • Market must be above the top green line for short trading and below the bottom green line for long trading.

  • Bollinger Bands (25) top line must be above the top green line for short trading and below the bottom green line for long trading.

  • Stochastic (14,5,5) blue line must be >= 85 for short trading and <= 15 for long trading.

  • Stochastic (21,9,9) blue must be >= 850for short trading and <= 20 for long trading.



 

In the picture FTLR forex system in action.

Trading System
FTLR modified.rar
compressed file archive 6.9 KB

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Stochastic Trading System