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NOTE:
False Signals can be avoided by never making a entry on the
shorter time-frames when the yellow 8/20 MA line is sloping downward,
On longer time-frames if making a entry when the 8/20 is sloping downward
be sure to set your stop-loss a little larger than normal.
Also can be used with any other TimeFrame from
2-Hour
To a 1-Minute for Scalping
WAIT FOR A SIGNIFICANT DROP FIRST OF 10-POINTS OR MORE
BUY SIGNAL = GREEN RISES & CROSSES YELLOW - On The First Chart (8/20 MA)
CONFIRM = PURPLE ACCUMULATION / DISTRIBUTION LINE IS ABOVE PRICE - Preferably risen from below at 45 Degree Angle or more sharper.
CONFIRM = GREEN RISES & CROSSES YELLOW - On The Second Chart (AROON)
SELL SIGNAL=GREEN FALLS BELOW YELLOW
CONFIRMATION:
Stoch RSI Both Lines are above Grey Center Bar and have crossed,
or at least both lines are touching the top edge of the Grey Center Bar
if not above grey center bar don't buy
NOTE:
Shown For Use With a 1-Minute TimeFrame./
A Trade may take 12 to 24 Hours.
When Using the 45-Min, 1-Hour, or 2-Hour TimeFrame.
Make Sure To set your Stop Loss
Before Entering Your Trade To Minimize
Any Loss Should The Market Go Against Your Trade.
A Stop Loss of 3 to 5 points below your Entry should be fine
When using on the longer TimeFrames.
Happy Surfing / Trading,
Channel Surfer
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