This system is simple, it involves two different macd values as seen in the screenshot below and 8,3,3 stoch.
For there to be a valid trade both MACD's must have crossed and be on the same direction at the same time, we then look at the stoch for either overbought or oversold to get in our trade depending which direction the MACDs indicate.
When to get out of a trade? You get out when you have both MACDs and you get in a trade and one of them crosses before the other you get out.
This system may not be 100% complete but it was a brainstorm of my own ideas, so comments and suggestions are welcome.
Failed trade example
For there to be a valid trade both MACD's must have crossed and be on the same direction at the same time, we then look at the stoch for either overbought or oversold to get in our trade depending which direction the MACDs indicate.
When to get out of a trade? You get out when you have both MACDs and you get in a trade and one of them crosses before the other you get out.
This system may not be 100% complete but it was a brainstorm of my own ideas, so comments and suggestions are welcome.
Failed trade example
Attached Image