204# Stochastic, Bollinger Bands and LWMA's

Submit by Joy22 12/04/2012

 

Time Frame 5min

Currency Pairs :

Volatile: GBPJPY, GBPCHF, EURJPY

Majors: EURUSD, AUDUSD and GBP/USD

 

Indicators:

Stochastic (5, 3, 3),

LWMA H/L (White), 40 LWMA Close (yellow),

Bollinger Bands (20, 2).

Pivot indicators.

 

Long Entry:

Stochastic (5,3,3)>50 > Stochastic (18, 5,3).

LWMA H/L above middle band of the bollinger Bands and above 40 LWMA .

No Entry if Stochastic is in Overbought 

RE-Entry: wait retracement Stochastic on the 50 level line.

 


Short Entry

Stochastic (5,3,3)<50 < Stochastic (18, 5,3).

2 LWMA H/L below middle band of the bollinger Bands and below 40 LWMA .

No Entry if Stochastic is in Oversold

RE-Entry: wait retracement Stochastic on the 50 level line.

 

Exit position:

Stop loss 10-12 pips or previous swing.

Profit Target: First at levels pivot, or predetermined Profit Target 6-9 pips Majors pairs, 9-15 pips volatile pairs.

 


 

In the pictures Stochastic, Bollinger Bands and LWMA's scalping system in action.

stochastic, bb, lwma
Forex Signal
stochastic, bb, lwma.rar
compressed file archive 1.2 KB
Auto Pivot
Auto Pivot.rar
compressed file archive 2.2 KB
MultiplePivotsV2
MultiplePivotsV2.rar
compressed file archive 18.6 KB

 

Share your opinion, can help everyone to understand the forex strategy.

Write a comment

Comments: 0

Stochastic Forex Strategies

77# Stochastic, MA, and MACD Scalping - Forex Strategies - 

207# Double Smoothed Stochastic Scalping - Forex Strategies ...

49# CCI and Stochastic Retracement - Forex Strategies - Forex ...

4# Stochastic and EMA Multitimeframe - Forex Strategies - Forex

21# Slow Stochastic, Mas and ADX - Forex Strategies - Forex ...

75# Awesome, Stochastic and ADX - Forex Strategies - Forex ...

25# ADX, Awesome and Stochastic Histogramm - Forex 

35# Parabolic, Stochastic and MACD - Forex Strategies - Forex ...

2# Stochastic Strategy - Forex Strategies - Forex Resources - 

65# Stochastic Divergence, Advanced Strategy - Forex Strategies

85# Stochastic MTFStrategy - Forex Strategies - Forex Resources

44# Stochastic Trading Method III “ MTF Scalp ” - Forex Strategies ...

43# Stochastic Trading Method II “ Escalator II ” - Forex Strategies

55# Stochastic, MACD,SMA - Forex Strategies - Forex Resources ...

43# Stochastic Trading Method II “ Escalator II ” - Forex Strategies

Stochastic Metatrader Indicator - Forex Strategies - Forex Resources ...

160# Sexy Stochastic method Boxingislife - Forex Strategies - 

26# Inside Bar and Stochastic - Forex Strategies - Forex 

45# Stochastic Trading Method IV, “Spud's MTF FIB Breakout 

215# Stochastic MTF Scalping - Forex Strategies - Forex 

46# Stochastic Trading Method V, “Spudfyre” - Forex Strategies ...

159# Sexy Stochastic method Melpheos - Forex Strategies - Forex

194# Stochastic and Macd MTF with Support and Resistance - 

202# Centre of Gravity and Stochastic - Forex Strategies - Forex ...

7# Stochastic Oversold/Overbought - Forex Strategies - Forex ...

204# Stochastic, Bollinger Bands and LWMA's - Forex Strategies

20# Bollinger Bands and Stochastic - Forex Strategies - Forex ...

14# Sekuntil Stochastic - Forex Strategies - Forex Resources -