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Stochastic 7, 3 10 with the trend

Stochastic 7, 3, 10 with the trend is a trend-momentum strategy based on two moving averages and Stochastic oscillator. This strategy is designed for 5min and 15 min chart but works an all time frame.
Time Frame 5 min, 15 min
Currency pairts: any.
Indicators setting
Stochastic oscillator ( 7, 3, 10).
20 EMA, close.
34 EMA close.
Pivot points
Rules Stochastic 7, 3 10 with the trend
Buy
20 EMA above 34 EMA.
Stochastic oscillator crosses upward but below 60 level.
Sell
20 EMA below 34 EMA.
Stochastic oscillator crosses downward but above 40 level.
Exit
5 min time frame 7-12 pips profit target.
15 min time frame 8-20 pips profit target or at the level of pivot points.
Place initial stop loss 7 pips below/above the entry bar.
Stochastic 7, 3 10 with the trend is incredible strategy because works both in trend following and range market.
Stochastic 7, 3 10 with the trend

Stochastic 7, 3 10 with the trend

Stochastic 7, 3 10 with the trend

Stochastic 7, 3 10 with the trend
Below the link for download the template and indicators MT4 of Stochastic 7, 3 10 with the trend.
https://drive.google.com/file/d/0Bwjv2Pbf48itTHRpdEQxcGVaR0E/view?usp=sharing
Stochastic 7, 3 10 with the trend Reviewed by learn forex trading on May 25, 2017 Rating: 5

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