514# Trading Zone with Stochastic Trading System

Wave arrows trading

 

Submit by Roland 15/11/2013

 

Trading Zone with Stochastic Trading System is based on Wave arrows trading indicator. This is a zig zag indicator. Repaint, but there are Stochastic and Trading Zone indicator that not repaint.

 

Time Frame 30 min;

Currency pairs: any.

Intraday system

 

Forex Indicator

Wave Arrows;

Pivot Lines,

Stochastic Oscillator (14, 3,3),

Trading Zone.

 

Rules for Trading Zone with Stochastic Trading System

 

Buy

When appears arrws support of Wave Arrows indicator wait green bars of trading Zone indicator and that the stochastic cross upward.

 

Sell

When appears arrws resistence of Wave Arrows indicator wait red bars of trading Zone indicator and that the stochastic cross upward.

 

Exit position

Profit target 20-28 pips depends by Currency pairs or take profit at the pivot points levels.

Initial stop 25 pips.

 

Vantages of this forex strategy are the good profitability.

Disadvantage is that wave arrows indicator repaint but la position it's easy to manage.

Trading Zone with Stochastic Trading System (Template and Indicators)
Trading Zone with Stochastic Trading System (Template and Indicators metatrader 4).
Wave arrows trading
Trading Zone with Stohastic.rar
compressed file archive 27.1 KB

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