514# Trading Zone with Stochastic Trading System
Wave arrows trading
Submit by Roland 15/11/2013
Time Frame 30 min;
Currency pairs: any.
Stochastic Oscillator (14, 3,3),
Rules for Trading Zone with Stochastic Trading System
When appears arrws support of Wave Arrows indicator wait green bars of trading Zone indicator and that the stochastic cross upward.
When appears arrws resistence of Wave Arrows indicator wait red bars of trading Zone indicator and that the stochastic cross upward.
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.