FREE DOWNLOAD “Forex Stochastic Heiken Ashi Trend Following Made EasyTrading System“.
The Stochastic Oscillator is range-bound, meaning it is always between 0 and 100. This makes it a useful indicator of overbought and oversold conditions.
Traditionally, readings over 80 are considered in the overbought range, and readings under 20 are considered oversold.
In this system, we use 55 and 45 level line to determine market trend and momentum.
- Time Frame: H1 or higher
- Currency Pairs: Any
- Stochastic Oscillator
- SPAT Smooth Heiken Ashi
- GG Trend Bar
- FerruFX Multi Info THV
- Cynthia Signal Entry Stop
- Ribbon Trader
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- Use a demo account or a small live account first to practice this trading system
- Stochastic Oscillator: Bullish and above the level 55 line
- SPAT Smooth Heiken Ashi: Lime candle
- GG Trend Bar: BUY Signal (lime color)
- Ribbon Trader: Lime color
- Stochastic Oscillator: Bearish and below above the level 45 line
- SPAT Smooth Heiken Ashi: Red candle
- GG Trend Bar: SELL Signal (red color)
- Ribbon Trader: Red color