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Stochastic with Ichimoku

Stochastic with Ichimoku is a strategy trend-momentum for trading on daily chart.
Time Frame daily.
Currency pairs: majors and minor.
Forex Indicators:
Ichimoku (default)
Stochastic oscillator ( 5, 3,3);
Trading Rules
Buy
Price above the cloud and blue line of Ichimoku
Stochastic crosses upward.
Sell
Price below the cloud and blue line of Ichimoku
Stochastic crosses downward.
Initial stop loss 20-30 pips below /above the entry bar after 60-80 pips in gain move stop loss at the breakeven.
Profit Target ratio stop loss 1.12.
in the pictures examples of trading.
Stochastic with Ichimoku

Stochastic with Ichimoku

Stochastic with Ichimoku Reviewed by learn forex trading on June 05, 2017 Rating: 5

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