5 Point System (for trending markets)

5-point strategy for trending markets

Indicators used:

0. Time range-
----- 15 minutes .

1. Moving Average - (as shown in the template)
----- 4-period linear weighted moving average (LWMA)
----- 16-period simple moving average (SMA)
----- 96-period simple moving average (SMA)

2. Stochastic Oscillator - (as shown in the template)
----- %k and %d are set to 42
----- Deceleration set to 12

3. Awesome Oscillator - (as shown in the template)

4. Relative Vitality Index - (as shown in the template)
----- 8 issues.

5. Parabolic SAR - (as shown in the template)

Example:
Sales items:

Step 1: If 4LWMA and 16SMA are below 96SMA, then go to step 2. ()
Step 2: If the 16SMA is above the 4LWMA, go to step 3.
Step 3: If the random signal is higher than the main value, go to step 4.
Step 4: If the Parabolic SAR appears above the candle/bar, go to Step 5.
Step 5: Place your sell entry and don’t forget to stop your losses!

Sell ​​to exit:

Step 1: If 16SMA is below 4LWMA - 1 pip. ()
Step 2: If Parabolic SAR is below the candle/bar - 1 pip.
Step 3: If the stochastic signal is below the main value - 1 pip.
Step 4: If RVI (main and signal) and AO are positive - 1 point.
Step 5: If RVI (main) is higher than RVI (signal) and AO is green - 1 point.

If 3 out of 5 points are met, the transaction is closed.

Repeat the above process in reverse for the buy entry and exit orders.

Suitable for short to medium term traders. Can operate on 15 minute chart. But feel free to tweak it and use your imagination!

I have provided example pictures of good trades. (hypothesis)

Always try to use your own intuitive power! Everyone is blessed.

I'm delighted and grateful for the feedback and comments.

Good luck!
God bless everyone,
Shocker.

*All trading systems and strategies involve risks. Please use this instrument at your own risk and limit your exposure in accordance with money management principles.