okay this system i develop because i hate to change timeframe...i will give you indicator
firstly all timeframe begin with m1 move...so if m1 didnt exist so h1 either
why scalping you can get rebate and quick profit.just make 0 pips and you get rebate
this sistem you can use in another timeframe and make more profit
i think all price move because break high or low before so i setting the MA like this
- ma smoothed,periode 2 apply to low
- ma smoothed,periode 2 apply to high
see the picture
okay so how to use it to open position its just simple make it shift 2 so it became like this
horaaay i got the open position..if break high buy if break low sell....
so i need some trend confirmation i input
- stohastic timeframe 5m in timeframe 1m periode 14
- and ma 20 smoothed apply close shift 0
okay done
now the rule :
see the trend in stoch timeframe 5 periode 14
if trend up
- buy if candle break above moving 2 high and break above ma 20
keep buy again repeat if the trend still up
if trend down
- sell if candle break below moving 2 low and break below ma 20
keep sell again repeat if trend still down
if trend change stoploss target 1-5 pip use broker with low spread or 5 digit
the stohastic that use another timeframe...change the timeframe you use in m5 so you dont have to change your chart
firstly all timeframe begin with m1 move...so if m1 didnt exist so h1 either
why scalping you can get rebate and quick profit.just make 0 pips and you get rebate
this sistem you can use in another timeframe and make more profit
i think all price move because break high or low before so i setting the MA like this
- ma smoothed,periode 2 apply to low
- ma smoothed,periode 2 apply to high
see the picture
okay so how to use it to open position its just simple make it shift 2 so it became like this
horaaay i got the open position..if break high buy if break low sell....
so i need some trend confirmation i input
- stohastic timeframe 5m in timeframe 1m periode 14
- and ma 20 smoothed apply close shift 0
okay done
now the rule :
see the trend in stoch timeframe 5 periode 14
if trend up
- buy if candle break above moving 2 high and break above ma 20
keep buy again repeat if the trend still up
if trend down
- sell if candle break below moving 2 low and break below ma 20
keep sell again repeat if trend still down
if trend change stoploss target 1-5 pip use broker with low spread or 5 digit
the stohastic that use another timeframe...change the timeframe you use in m5 so you dont have to change your chart
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Stochastic_Color_v1.02classicC.mq4
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