Simple MA and Stochastic
Simple trading using 2 indicators Moving Average and Stochastic Oscillator in MT4 platform. The setting of this strategy as follows:
| Setting Moving Average (MA) | |
|---|---|
|
Periode
|
: 4 |
|
Method
|
: Linear Wighted |
|
Level
|
: 20, -20 (for FX Pro: 200, -200) |
| Setting Stochastic Oscillators | |
|---|---|
|
%k
|
: 8 |
|
%d
|
: 4 |
|
Slowing
|
: 3 |
|
Method
|
: Linear Wighted |
|
Level
|
: 10, 90 |
|
Minimum Fixed
|
: 12 |
How to trade :
Open position Buy when the price out of the bottom line MA and the lines of Stochastic touched in level 12 and both of the lines cross each other. Open position Sell when the price out of the top line MA and the lines of Stochastic touched in level 90 and both of the lines cross each other. Apply this method to Time Frame 15M and recommend in pair GBPUSD. You can set TP: 10-15 pips and SL: 15 pips.
Source : For Beginner Trader in MT4 Platform
