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5 min, The Force, Advanced

Indicators

MACD: 12,26,1 ( 1 means nothing )

Stochastic: 5,3,3

EMA: 5 to the close

EMA: 5 to the open

 

Trade signals are only confirmed on closed candles/bars.

Buy Signal

a) When the stochastic crosses in bullish divergence and is not

ovebought

b) The MACD closses higher than the previous time interval

c) The Signal candle/bar closes higher bullish

d) The 5 ema to the close has crossed the 5 ema to the open

Stop Loss is the low of the previous candle or 20 pips but 20 pip min.

Close is based on price action.

 

Sell Signal

a) When the stochastic crosses in bearish divergence is not oversold

b) The MACD closses lower than the previous time interval

c) The Signal candle/bar closes lower bearish

d) The 5 ema to the close has crossed the 5 ema to the open

Stop Loss is the high of the previous candle or 20 pips but 20 pip

min.

Close is based on price action.

 

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