Stochastic, MA, and MACD Scalping

Pair: majors
Time: 5min, 15min

Forex IndicatorsReal MACD Colored: 12,26,1Stochastic:14,3,3 >50
6 MA Smoothed:Weighted close (HLCC/4) whyte
4 EMA:  to the close.

Long Entry

a) When the stochastic crosses up from the 20 line and is not ovebought;

b) The MACD >0

c) The 4 ema to the close has crossed up the 6 ema smoothed ;

d) Stochastic >50

Sell Signal

a) When the stochastic crosses up from the 80 line and is not ovebought;

b) The MACD <0

c) The 4 ema to the close has crossed down the 6 ema smoothed;

d) Stochastic<50

Exit Position

Two Options:

1. when the 4 ema to has crossed the 6 ma smoothed in  opposite direction;
2. Profit Target Predetermined: 5min (EUR/USD 8 pip, AUD/USD 6 pips, GBP/USD 10 pips)

15 min ( EUR/USD 12 Pips, AUD/USD 9 pips, GBP/USD 15 pips).

The difference between the two methods of exits ,is  with the first method obtains a .higher profitability .

Stop Loss

is the low of the previous candle for buy;

is the high of the previous candle for sell.

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