Stochastic MTF Method with m-candle (Scalping)

 Stochastic MTF Method with m-candle (Scalping)

Stochastic Indicator MTF Trading system

 

joy22

Time Frame 5min

Currency pairs majors.

Metatrader indicators

Alligator,

Stochastic indicator (5,3,3) 5min fast,

Stochastic indicator (30,5,10) 30min middle,

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Stochastic indicator (5,2,3) 240min slow.

When Trend up entry make from os position at sochastic.

Mean 5 min stochatic setting: (5,3,3) must same direction with midlle speed stochastic setting (30,5,10). Fast
Stochastic and midlle speed stochastic indicator must at same direction with slow stochastic setting 5,3,3, at H4. SeeTrend Guide.

 

H4 stochastic are crossing here, mean changing trend are detecting are high Time Frame. So I recognize this 1°
signal for uptrend. See Pictures

 

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

 

  • Platform: Metatrader4
  • Currency pairs: Any pairs, indices and metals
  • Trading Time: Around the clock
  • Recommended broker: icmarkets, XM
  • How to install MT4 indicator?
  • 1. On the desktop, double-click to open the MT4 trading platform software you installed.
  • 2. Click on “File” – “Open Data Folder” in the upper left corner, double-click the MQL4 folder, and double-click the Indicators folder
  • 3. Copy the metrics you need to install to the Indicators folder
  • 4. Open MT4, find “Navigator” in the display menu, then click “Technical Indicators” of “Navigator” and right click to refresh, you will see the indicator just copied.
  • 5. In the “Technical Indicators” of “Navigator”, find the indicator file just installed, double click or click manually to the chart window