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MACD Stochastic Cross Is Not Enough
There are a great deal of interpretations of the “MACD Stochastic Cross” trading strategy and the principle is sound if you have the correct time frame to trade. One thing lacking in many of these strategies is a simple and repeatable entry and trade management strategy.
As the name implies, we want to ride the roller coaster from overbought to oversold zones of the stochastic as with the normal MACD Stochastic Cross strategy. However, we want a simple and repeatable entry strategy. Also, we don’t want to exit a trade as soon as we get in the opposing stochastic zone, as it may move to a false breakout state and start trending. With this in mind we hacked our already proven entry and trade management strategy from our B.I.T.S (Breakout Intelligent Trading Signals) Strategy. Where we use a combination of 3 EMA’s specially designed for all instruments and time-frames that we call our Points of Control (POC). We have a Core, Leading and Lagging point of control.
Read Full article on our Roller Coastr Indicator here tradethefifth.com/bl...cd-stochastic-cross/
MACD Stochastic Cross Is Not Enough
There are a great deal of interpretations of the “MACD Stochastic Cross” trading strategy and the principle is sound if you have the correct time frame to trade. One thing lacking in many of these strategies is a simple and repeatable entry and trade management strategy.
As the name implies, we want to ride the roller coaster from overbought to oversold zones of the stochastic as with the normal MACD Stochastic Cross strategy. However, we want a simple and repeatable entry strategy. Also, we don’t want to exit a trade as soon as we get in the opposing stochastic zone, as it may move to a false breakout state and start trending. With this in mind we hacked our already proven entry and trade management strategy from our B.I.T.S (Breakout Intelligent Trading Signals) Strategy. Where we use a combination of 3 EMA’s specially designed for all instruments and time-frames that we call our Points of Control (POC). We have a Core, Leading and Lagging point of control.
Read Full article on our Roller Coastr Indicator here tradethefifth.com/bl...cd-stochastic-cross/
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