Results 1 to 10 of 50

Thread: How to use stochastic indicator

Threaded View

  1. #1
    Banned akash4u4ever has a spectacular aura about akash4u4ever has a spectacular aura about akash4u4ever's Avatar
    Join Date
    Jul 2013
    Location
    India
    Posts
    3,780
    Thanks
    68
    Thanked 213 Times in 117 Posts

    How to use stochastic indicator

    1- you need to take patience untill both lines cut each other

    2- you can use it in any time frame

    3- you must use only candlistic chart

    4-if blue lines crosses red line into down side and new candle shows selling candle then you can take a sell trade


    5-if blue line crosses red line into up side and new candle come with buy candle then market will go to up side and you can take buy order




    6- before entered your trade you must also see that if you want to sell then both line must be at top means above 80 point and if you want to buy then must both lines cut each other under the 20 point of indicator.

    7-if you are using higher time frame then you can take high target and if you are using lower time frame then your target not be more than 20 pip

    8-stop loss will be at next support aur resistance point you can decide it according to past market movement

    9- never use this indicator with low volatile currency pair.

    10- you can exit trade when both lines blue and red goes flat

    11- at time of news relaese you need to be out of market and wait untill market settles according to news then you can take trade never try to catch news
    Attached Images  
    Attached Files
    Last edited by akash4u4ever; 2015-11-03 at 09:38 AM.

  2. The Following 4 Users Say Thank You to akash4u4ever For This Useful Post:

    fxearner (2015-11-01), mazprofx (2015-11-01), shafiqahmad (2019-05-16), Trump (2019-02-16)

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts

Currently Active UsersCurrently Active Users

There are currently users online. members and guests

Forex Forum India | Forex Community Place Statistics Forex Forum India Statistics

Most users ever online was .

Welcome to our newest member,

Threads:

Posts:

Member: