1 hour chart
Indicators that identify a new trend
Moving Average Crossover System
Indicators that confirm the trend
RSI
STOCHASTIC OSCILLATOR
Long Entry
1. Both MA(moving averages) pointing up
2. RSI above 50
3. Both stochastics going up
Short Entry
1. Both MA pointing down
2. RSI below 50
3. Both stochastics going down
Exit
1. MA gives opposite signal(Ma crossover change)
2. RSI gives opposite signal(RSI 50 crossover change)
Indicators that identify a new trend
Moving Average Crossover System
Indicators that confirm the trend
RSI
STOCHASTIC OSCILLATOR
Long Entry
1. Both MA(moving averages) pointing up
2. RSI above 50
3. Both stochastics going up
Short Entry
1. Both MA pointing down
2. RSI below 50
3. Both stochastics going down
Exit
1. MA gives opposite signal(Ma crossover change)
2. RSI gives opposite signal(RSI 50 crossover change)