Anbat

10 min to 15 min (works best) RSI Stoch Strategy

FX:EURUSD   Euro / U.S. Dollar
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27590 21
http://www.profitf.com/binary-options-st...

*FYI - I found this strategy on profitf.com website, which you might want to investigate and see if if works for you in your trading.That is website which you can read all about and copy above strategy. I have 15 minute chart here related to not being able to put 1 minute chart on too. Here is quick rules to this strategy to understand:

ON YOUR CHARTS THIS IS ALL YOU NEED TO HAVE-
1) RSI 4 (change from default of 14), put at 75/25 (default is 70/30)
2) Stochastic change to (5,3,3, low/highs) and keep at 80/20

On 15 minute chart (which is alert of signal for trade) & 1 minute chart (is entry or signal to start trade)

RULES: FOR CALL
On 15 minute chart
* When RSI goes below 25 & then back above 25 again
*When Stoch goes below 20 then above 20 again then check
On 1 minute chart (quickly)
* If RSI is above 25 & Stoch is above 20
THEN CONSIDER ENTRY INTO A CALL TRADE FOR 10 MINUTES TO 15 MINUTES (BETTER)

RULES: FOR PUT
On 15 minute chart
*When RSI goes above 75 & then back below 75 again
* When Stoch goes above 80 then below 80 again then check
On 1 minute chart *(quickly)
* if RSI is below 75 & Stoch is below 80
THEN CONSIDER ENTRY INTO A PUT TRADE FOR 10 MINUTES TO 15 MINUTES (BETTER)

NOTED: On EURUSD 15 minute chart are GREEN LINES (call signals) & RED LINES (put signals), which would have alerted you to go to 1 minute chart & see if RULES WERE MET TO ENTER INTO A NEW 10 MN TO 15 MN TRADE. You are the only only to understand your trading personality- if you want to trade shorter or longer then 15 mn , then this strategy is not for you. If you want quality trades for money management then please practice this one.
Lastly this Dual Time Frame Analysis / Strategy is working and also good if it also flows with what we call 'Timing'.
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And what if the Stochastic and the RSI in the 15 Minute Chart and the Stochastic and the RSI in the 1 Minute Chart are in Opposite Direction?
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And which TREND will you follow, the 15 Minute Chart or the 1 Minute Chart?
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What if the 15 Minute Chart is in a UPTREND but the 1 Minute Chart is in a DOWNTREND.. Will the Strategy still work?
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Does this Strategy still follows the Trend in the Market? IF UPTREND then Buy Trades only? Otherwise...
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MystryBox raypaolonotarte
@raypaolonotarte, This is a regression to the mean strategy, not a trend strategy.
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@MystryBox, I see. Thanks for the help.
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Give Me Script Please
+1 Reply
Give Me Script Please
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U Are Great Person
Such A Nice Technic
+5 Reply
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