Trading on Stochastic signals

This setup uses full stochastic (14, 3, 3) indicator and can be used for any currency pair in any time frame.

Entry rule 1: LONG when Stochastic crosses below 20, reaches 10 and then crosses up through 20.

Entry rule 2: SHORT when Stochastic crosses above 80, reaches 90, and then crosses down through 80.

You could exit your trade when Stochastic reaches the opposite side (i.e. 20 for SHORT and 80 for LONG).

It is better to use Stochastic along with other indicators to avoid false entering signals.

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