Welcome Forex EA downloads & MT4/MT5 auto-trading resources — EAs, Gold EAs, quant tools and real-world automation.
Sign In Sign Up

Kudzu's ROCK climbing FX method

author EAcpu | 4 reads | 0 comments |
I love any stochastic indicator and any combination thereof. You will find that learning to use multiple stochastics within the same time frame and across two or more time frames is very helpful in measuring trend reversals, price exhaustion, and trend continuation.

I used this method from the beginning, it's very simple.
Attach a template

Climbing in Kuduz

R Williams
Oscillator
c = with
K line stochastic indicator

entry:
The intersection of %R and 100%K line (light green)
and
RSI line crossover and convergence of multiple stochastic lines

Good = <25 or >75
Better = <10 or >90
Best = <5 or >95

quit:
When the 25 stochastic line crosses over and turns the other direction
or
When the 100%K line crosses the 10 or 90 line
or
Whenever you get the points you want (best aim is 5 to 30)
kudzu's rock climbing 1.gif
kudzu's rock climbing 1.gif
kudzu's rock climbing 1.gif
kudzu's rock climbing 1.gif
kudzu's rock climbing 1.gif
kudzu's rock climbing 1.gif

Attachment to original post (1)

Verification code Refresh