15/12/ · Sexy Stochastics Indicator. Hi everyone, for people using the sexy stochastic strategy developped by Boxingislife this will be a big helper. You can find the strategy here: bringin sexy back - stochastics. I have finally decided to release this indicator to the wild as i beleive that it is not the indicator that matters, it is the trader 10/06/ · the upper line of the blue triangle is my main trendline. it touches 3 points. it broke and i bought around the blue square. it was a good one. realizing more and more how great it is to confirm ur main system with trendlines it can greatly increase ur probability of being right Economic indicators are macroeconomic indicators that are published in the form of government or independent reports and reflect the state of the national economy. They are published at certain times and provide the market with information about whether the economy has improved or worsened. The impact of Forex leading indicators, for example, on the global currency market can
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Your support is fundamental for the future to continue sharing the best free strategies and indicators. The setup of the system. Format: royal blue thickness is 4boxingislife forex indicator, signal line dotted thickness is 1. Format: orange red same thickness and everything as this one is for entry. Format: lime green and the thickness is 2 for both lines, boxingislife forex indicator. k: d: slowing: Format: yellow same as 20 and 50 with thickness and style, boxingislife forex indicator.
Look at the 20 and the 50 and see what they are doing. Downtrend : you want the 20 to be crossed down with its signal line and the 50 to be. doing the same. Uptrend : you want the 20 to be crossed up with its signal line and the 50 to be doing the same. Attention: sometimes the 20 and 50 are really close to each other which should make youcautious about taking trades. Taking trades. Downtrend :. We want the 5 to go into overbought, basically we are looking for a pullback.
As soon. as the 5 cross back down we enter. if a nice tiny little consolidation formed and 20 and 50 are trending down and nicely boxingislife forex indicator enter at that even if the 5 did not make it to overbought we enter when it crosses back down.
Uptrend :. We want the 5 to go into oversold, basically we are looking for a pullback. As soon as boxingislife forex indicator 5 cross back up we enter. If a nice tiny little consolidation formed and 20 and 50 are trending up and nicely then enter at that even if the 5 did not make it to oversold we enter when it crosses back up.
like an MA cross it can be tricky. but its good to look at because it can keep u away from bad trades. The bigger the space the better the trade will be.
Same boxingislife forex indicator the slope the steeper it is the better. This is stuff that after a few examples you will learn to see for yourself and you will know when its nice and trendy and when its being naughty. wait for a consolidation of price or for stochs to cross then enter. in a strong trend u can easily see when price stalls before continuing, boxingislife forex indicator. for example if 20 and 50 are above 80 means its an uptrend but if they crossed their signals down means its starting to trend down so in that case to be more on the safe side I wait for the bar to close and the 5 to cross.
otherwise if everything is pointing for a good trade then I enter once price has consolidated or when I see a reversal bar the stochastics is mainly for timeframes of 1h or longer. its just extra confirmation. perfect long trade:, boxingislife forex indicator. For anyone trying this system I suggest sticking to pairs with 5 and 15 min chart each. U dont need to look at more or else you will go nuts. I mainly watch gbpusd and usdchf on 5 and.
But I strongly suggest to stick to 5 and 15 min on pairs I think the main thing is to enter GOOD trades and MINIMIZE your losses! Get that under. control and the rest will fall into place. Stops and Exits:. A nice and easy way to get out is when the 5 stochastics goes oversold or overbought. You can exit and wait to see if another signal is happening. I also take in consideration the time frame I am using if it is 5 or 15 then Boxingislife forex indicator aim for pips mostly Stop is usuallybut since I only look for the best setups then my hit rate is pretty high.
A typical stop on gbpjpy would be pips with a target of around the same or a bit higher around 30 pips, boxingislife forex indicator. But trading gbpjpy on 15 min chart is a bit scary. You should add the spreads or at least part of it to an already decent stop or target, boxingislife forex indicator.
As with exit strategies. During boxingislife forex indicator Asian session or towards the end of the US session I'm only looking for pip gains because there isn't much action. During the London Open through London Close you get much more action so I try to boxingislife forex indicator anywhere from pips, boxingislife forex indicator. It all depends on what I see setting up on the charts and the candle formations.
If I see hammers, doji's, boxingislife forex indicator, railroad track, etc. Then I go ahead and take my profits then usually because a reversal could be coming up.
I think the main thing is to enter GOOD trades and MINIMIZE your losses! Get that under control and the rest will fall into place, boxingislife forex indicator. Look for a few things:. Which pairs. I mainly focus on gbpusd usdchf gbpjpy, eurjpy, while checking some others every now and then like eurusd, usdjpy, boxingislife forex indicator, audusd.
But I try to stick to pairs. No more otherwise I wil go insane. I have been trading this for several month using only the best setups and sticking to the rules. Overbought and Oversold, boxingislife forex indicator. As for the pull backs when the 20 and 50 are oversold or overbought thats the slingshot system by buffy.
Its a high percentage trend trade, boxingislife forex indicator. I also look for those but my main setup and boxingislife forex indicator. trade is the examples i have posted in here. Multiple time frames. Generally the longer time frame boxingislife forex indicator the one with the better results but that is not always the case. Two things off the top of my head:. If the 1h is not up or down and the 15 is down then you are gonna look to short and.
vice versa. If theres opposite signals then look for how price is behaving: is price trending up strongly? is there any divergence? things like that but an even easier way to avoid all this mess is do not trade that pair simple as that.
And that is what I do sometimes, boxingislife forex indicator. The more confirmation the better but sometimes looking into it too much, well to me it makes me wanna not trade anymore. There is plenty of pairs with at least 1 perfect setup everyday that agrees with a higher time frame.
No need to take a trade and be nervous the whole time. Problem: My main problem is trying to figure out the best time frame to take the signal, because not only is there at least 1 perfect set up in most pairs per day, but there also seems to be at least more than 1 perfect setup in different timeframes for the same pair, e. short on a 4H chart, and going long on a 15M chart!! There is no ideal timeframe.
Each has its own characteristics and what not. Each timeframe has its own stops and targets and all this stuff. It can depend on your availability. If you are. available around volatile times for a while then trade off the 15 min unless there is a nice 1h signal. If you can periodically check then the 1h chart should give nice trades pretty often. It also depends on the pair. Do not trade a pair with a 15 pip spread off the 5 min chart. That is just asking to lose money. And do not trade the euro for example off the 5 or 15 min during the asian session.
Your chances of that trade making pips is very low. So it really depends on all this stuff and Boxingislife forex indicator cant actually tell u what to do and when and what to. trade because one thing might work for me but not for you. But in the end you can make all timeframes work and any pair. I suggest you start with 15 min and 1h and if you do not have a lot of time study the 1h and 4h charts.
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When it comes to the MetaTrader Platform, Forex Station is the best forex forum for sourcing Non Repainting MT4/MT5 Indicators, Trading Systems & EA's. Boxinglife blogger.com4 Logout Economic indicators are macroeconomic indicators that are published in the form of government or independent reports and reflect the state of the national economy. They are published at certain times and provide the market with information about whether the economy has improved or worsened. The impact of Forex leading indicators, for example, on the global currency market can The setup of the system. 1 st Stochastics called the k d slowing Format: royal blue thickness is 4, signal line dotted thickness is 1
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