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My trend and pullback system - MT4/MT5 resources

author EAcpu | 3 reads | 0 comments |
My new idea.
Find trends. In my opinion, the new trend is when the 20 SMA XOVER 100 SMA.
The callback only works after my trend xover is printed. In my opinion, a pullback is when price retests KC and/or 8 STOCH breaks below the 50 level from above to establish a buy signal.
Trigger: You need to find the best entry point after the pullback.

Any ideas are subject to change, so your own input will be fine here.
any time frame
100 moving average
KC and SMA are set to 20
Cross point indicator set to 100 and 20
Stochastic indicator with period 34,3,3 Stochastic indicator with period 8,3,3
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Buy setup 20 SMA close above 100 SMA (if a green dot appears, it confirms a strong buy setup, but you don't need to wait for the green dot)
Stochastics for periods 34, 3, 3 and stochastics for periods 8, 3, 3 are both above the 50 level.
Wait for a price pullback to retest KC and the 8, 3, and 3 period stochastics below the 50 level.
Once set up, what is the best trigger point to enter a trade? Where can we place stop loss and take profit?
.
For sell market orders, the opposite rule follows.
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