Clean chart set up

[Eric Venturi-Bloxs]

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

[Eric Venturi-Bloxs]

Here's 2 clear signals around the NFP time.

FerruFx

[Eric Venturi-Bloxs]

Yesterday signals:

FerruFx

[TheRumpledOne]

HERE'S A REAL CLEAN CHART SETUP

Some people want you to keep thinking that you need indicators.

YOU DON'T!

Just trade in the direction that price crosses the horizontal line.

TRADING IS THAT SIMPLE!