Sunday, December 27, 2009

Heikin 60min × 1 min slow stochastic


slow-stoch.mq4

Entry only when 60 min and 1 min are the same trend,

Entry when 60 min is up bar, slow-stoch is up bar from down, and 1 min change down bar to up bar,    

Make stop at about 5pips from latest down bar.
Make limit when 1 min bar will be rally or upper or lower shadow is shorter than last shadow.

cut loss correctly

it is less benefit, but also it is less loss 0 -20 pips Pips

if you cannot win 90% of trades from this method, it meant this method is not fit to market right now, it is better to use this method when it works, it works when it is over 90 %.

Good luck on trade. :)