DOWNLOAD Forex H1 Oversold Overbought Trading System with EMA, Stochastics, and MACD.
Trading NOTES
- DOWNLOAD these NON-REPAINT Tools For Making The Perfect Trade Entry (the best trading tools all traders MUST HAVE)
- Use a demo account or a small live account first to practice this trading system
- Time Frame: H1
- Currency Pairs: any
MetaTrader Trading Indicators
- 21 EMA applied to the close
- 50 MA applied to the close
- 100 MA applied to the close
- Stochastics (10,3,3)
- MACD (12,26,9)
BUY Rules
- 21EMA > 50EMA and 100EMA
- Stock at oversold
- MACD > 0
SELL Rules
- 21EMA < 50EMA and 100EMA
- Stock at overbought
- MACD < 0
EXIT Rules
- Stop Loss: 25-50 pips
- Win/Loss Ratio: 1/2 or 1/3