Check Stoch for being oversold (dips below bbottom line and then vrosses back over it)
Wait until the Rsi is above its middle green line
Confirm on MACD that the blue line crosses over above the other line
Confirm it isn't oversold yet (above the top line on Stoch)
Here you can buy if all these conditions are met. Ive found that if you check the 100ma and confirm that the price is above it and in an uptrend, then it seems to be a stronger buy signal.
When conditions are met in the reverse order, it's a good time so sell.
I use this on a 30 min chart for quicker entry and exit points, but I also check on the 1 hour chart to verify after my trade because it seems to be more accurate
This isn't a new strategy, but I like using them together and have found the 30 min and 1 hour time intervals to be the best.
Wait until the Rsi is above its middle green line
Confirm on MACD that the blue line crosses over above the other line
Confirm it isn't oversold yet (above the top line on Stoch)
Here you can buy if all these conditions are met. Ive found that if you check the 100ma and confirm that the price is above it and in an uptrend, then it seems to be a stronger buy signal.
When conditions are met in the reverse order, it's a good time so sell.
I use this on a 30 min chart for quicker entry and exit points, but I also check on the 1 hour chart to verify after my trade because it seems to be more accurate
This isn't a new strategy, but I like using them together and have found the 30 min and 1 hour time intervals to be the best.