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Clean chart set up
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Old 05-02-2008, 09:26 AM
FerruFx FerruFx is offline
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Default Clean chart set up

Hi all members,

Here's a very simple setting which I want to share. Those who like clean charts would love it!

Standard indicators used:

- RSI (5): blue line

- Stochastic (5,3,3): red line (only main line)






Entry Signals: when RSI line has a clear break and goes in the Stock direction.

Filters: both lines must point the same direction before the clear RSI break and the Stoch not in the overbought/oversold area.

The exit strategy has to be find but a simple TP/SL/trailing will catch some good pips.

I didn't trade it yet, just come across this setting recently.

Hope you will have fun with it!

FerruFx
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