MACD & Fast Stochastic
Setup:
Timeframe: Any
Currency:Any
Market Action: EMA21 + EMA55
Price Action: EMA5 + SMA8
MACD: 21 55 8
Stochastic: 8 3 5
This strategy is very simple and successful but will not get you in at the beginning of the move or exit at the end but will give a high success rate.
When the MACD Line and Signal Line cross, wait for the Stochastic to cross in the same direction!! (Don`t trade if Stochastic in overbought/oversold zones)If you are an agressive trader you can enter when the MACD and Stochastic cross at the same time, otherwise once the MACD has crossed, wait for the Stochastic to cross before entering. (The MACD must cross first!!)
Exit the trade when either the price action is clearly showing a change in direction (Long - Lower Highs) - (Short - Higher Lows) or the MACD lines cross back.
Purple = MACD/Signal Line Cross. Red = Stochastic cross / Entry. White = Exit
Superstar Strategy
Indicators/Settings:
-SUPERTREND (8, 1.5)
-SAR (0.2.0.2)
WHEN TO ENTER A TRADE:
Enter: a BUY trade when SUPERTREND is in a bullish trend(line is green), and SAR gives a BUY signal. (Don’t enter a SELL trade if SUPERTREND is bullish and SAR gives a SELL signal.
Enter: a SELL trade when SUPERTREND is in a bearish trend(line is red), and SAR gives a SELL signal. (Don’t enter a BUY trade if SUPERTREND is bearish and SAR gives a BUY signal.
Get out of a BUY trade when SAR give a SELL signal, and the opposite for a SELL trade.
by Mennzz
Download: Supertrend
