220# Stochastic and WMA Scalping

Submit by Maximo Trader 08/06/2012

 

Time Frame 5 min:

Currency pairs: majors;

Session Trade: all.

 

Indicators:

 

LWMA (3, 6, close HLCC/4);

MTF Stochastic (9, 3, 3)-TF 15min

Gold Miner

Long Entry :

when (WMA gives us alert to buy and ( MTF Stochastic crosses up ) amd Gold Miner acqua

 

Short Entry:

when (WMA gives us alert to sell and ( MTF Stochastic crosses down ) and gold miner red.

 

Exit position:

when appears opposit arrow.

Stop loss 10-15 pips.

Profit target: 10-15 pips

 

optional filter

Signal noise (sedimentation 40)



 

In the picture Stochastic and WMA Scalping system in action.

 

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

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