Accelerator and Stochastic Daily Strategy

Accelerator and Stochastic Daily Strategy is momentum trading system.

Time Frame daily.

Currency pairs:any.

Forex indicators:

Accelerator oscillator,

Stochastic oscillator (4,4,4).

Trading rules

Buy

Accelerator green bar above zero line.

Stochastic crosses upward or above 50 level.

Sell

Accelerator red bar below zero line.

Stochastic crosses downward or below 50 level.

Exit opposite previous rules.

Initial stop loss 70 -150 pips dependes by currency pair after 70-90 pips in gain move stop loss at the breakeven.

Profit target minimum ratio stop loss 1:1.

This trading system Accelerator and Stochastic Daily Strategy work fine.

In the pictures example of trading with Accelerator and Stochastic.

In the first chart 2 GBP/USD profit target 100 pips. 900 pips wins, less of 200 pips lost.