Hidden Stochastic Trading

The stochastic oscillator is marking the strength of the trend.

Time frame 30 min or higher.

Currency pairs: majors.

Forex Indicators:

5 LWMA, close.

13 LVMA, close.

Stochastic Oscillator (5, 5,3)

Fractals

Trading Rules Hidden Stochastic Trading

Buy

Trend is up: LWMA 5 below LWMA 13.

When the stochastic oscillator crossed upward, wait until the last high of the fractals is broken.

Set your stop loss below the low of the candle that breaks up.

The profit target is equal the stop loss.

Sell

Trend is down: LWMA 5 above LWMA 13.

When the stochastic oscillator crossed downward, wait until the last low of the fractals is broken.

Set your stop loss above the /high of the candle that breaks down.

The profit target is equal the stop loss.

The stochastic oscillator in this strategy is not considered to overbought levels and oversold, but as an oscillator that on the contrary it helps to trade in the direction of the trend.