STOCHASTIC SCALPING

STOCHASTIC SCALPING

Trading Instructions

Buy Conditions

  1. Pullback to Moving Average:
    • Wait for the price to pull back and touch one of the moving averages (MA).
  2. Green Dot Confirmation:
    • Ensure a green dot appears, indicating a potential buy signal.
  3. Stochastic Oscillator:
    • The stochastic oscillator should be in the oversold region.
  4. Candle Close:
    • Open a buy position at the close of the candle following the appearance of the green dot.

Sell Conditions

  1. Pullback to Moving Average:
    • Wait for the price to pull back and touch one of the moving averages (MA).
  2. Red Dot Confirmation:
    • Ensure a red dot appears, indicating a potential sell signal.
  3. Stochastic Oscillator:
    • The stochastic oscillator should be in the overbought region.
  4. Candle Close:
    • Open a sell position at the close of the candle following the appearance of the red dot.

Note: All these conditions must be met before opening either a buy or sell position.

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