Thekingforex
New Member
SETTING STOCH
1. 15/3/5 (CLOSE - SIMPLE)
2. 32/3/5 (CLOSE - SIMPLE)
3. 50/3/5 (CLOSE - SIMPLE)
1. WAIT FOR ALL STOCHES TO COLLECT ABOVE THE 80/90 AREA TO SELL.
2. WAIT FOR ALL STOCHES TO GATHER BELOW THE 20/10 AREA TO BUY.
3. TP/CLOSE MANUALLY ALL ENTRY WHEN IT HAS PROFITED 5PIPS OR WRONG 1 STOCH HAS BREAK BACK.
(IF BUY ENTRY WHEN ALL STOCH IS BELOW 20/10 CLOSE/TP WHEN WRONG 1 STOCH REACHES UP AT 80/90)
(IF SELL ENTRY WHILE ALL STOCHES ARE ABOVE 80/90 CLOSE/TP WHEN ONE STOCH REACHES 20/10)
TIPS
1. FOR SCALPING USE ON TF M5 FOR ENTRY AND FOR ACCURACY AND TO REDUCE FLOATING MAKE SURE THE STOCH IS PARALLEL ON TF H1.
(IF STOCH M5 IS ABOVE FOR SELL ENTRY MAKE SURE STOCH H1 IS DOWN)
(IF STOCH M5 IS AT THE BOTTOM FOR ENTRY BUY MAKE SURE THE STOCH IS AT H1 POINTING UP)
2. FOR SWING USE ON TF H1 FOR ENTRY AND FOR ACCURACY AND FLOAT REDUCTION REFER TO TF D1 MAKE SURE IT IS ALSO PARALLEL TO TF H1.
(IF STOCH AT H1 COLLECTS ABOVE FOR SELL ENTRY MAKE SURE THE STOCH AT D1 LEADS DOWN)
(IF STOCH AT TF H1 COLLECTS BELOW FOR ENTRY BUY MAKE SURE STOCH AT D1 DIRECTIONS UP.
WARNING
1. MAKE SURE ALL STOCHES ARE COLLECTED IN PARALLEL IN THE AREA (80/90) TO SELL (20/10) TO BUY.
2. IF ALL STOCHES DO NOT COLLECT IN THE OVERSOLD/OVERBOUGHT AREA THE SETUP IS INVALID.
AN EXAMPLE OF A VALID SETUP PICTURE IS AS FOLLOWS;
1. 15/3/5 (CLOSE - SIMPLE)
2. 32/3/5 (CLOSE - SIMPLE)
3. 50/3/5 (CLOSE - SIMPLE)
1. WAIT FOR ALL STOCHES TO COLLECT ABOVE THE 80/90 AREA TO SELL.
2. WAIT FOR ALL STOCHES TO GATHER BELOW THE 20/10 AREA TO BUY.
3. TP/CLOSE MANUALLY ALL ENTRY WHEN IT HAS PROFITED 5PIPS OR WRONG 1 STOCH HAS BREAK BACK.
(IF BUY ENTRY WHEN ALL STOCH IS BELOW 20/10 CLOSE/TP WHEN WRONG 1 STOCH REACHES UP AT 80/90)
(IF SELL ENTRY WHILE ALL STOCHES ARE ABOVE 80/90 CLOSE/TP WHEN ONE STOCH REACHES 20/10)
TIPS
1. FOR SCALPING USE ON TF M5 FOR ENTRY AND FOR ACCURACY AND TO REDUCE FLOATING MAKE SURE THE STOCH IS PARALLEL ON TF H1.
(IF STOCH M5 IS ABOVE FOR SELL ENTRY MAKE SURE STOCH H1 IS DOWN)
(IF STOCH M5 IS AT THE BOTTOM FOR ENTRY BUY MAKE SURE THE STOCH IS AT H1 POINTING UP)
2. FOR SWING USE ON TF H1 FOR ENTRY AND FOR ACCURACY AND FLOAT REDUCTION REFER TO TF D1 MAKE SURE IT IS ALSO PARALLEL TO TF H1.
(IF STOCH AT H1 COLLECTS ABOVE FOR SELL ENTRY MAKE SURE THE STOCH AT D1 LEADS DOWN)
(IF STOCH AT TF H1 COLLECTS BELOW FOR ENTRY BUY MAKE SURE STOCH AT D1 DIRECTIONS UP.
WARNING
1. MAKE SURE ALL STOCHES ARE COLLECTED IN PARALLEL IN THE AREA (80/90) TO SELL (20/10) TO BUY.
2. IF ALL STOCHES DO NOT COLLECT IN THE OVERSOLD/OVERBOUGHT AREA THE SETUP IS INVALID.
AN EXAMPLE OF A VALID SETUP PICTURE IS AS FOLLOWS;