Multiframe analysis with various-indicators

BUY: When the following settings are true across a set of 4 different Timeframes

Stochastics

Setting 1: Choose a specific stochastic setting  – on each timeframe

Setting 2: Main line can set be above Signal line or vice versa – on each timeframe

Setting 3: Main line and Signal line values can be set respectively to open trade when price (X) is on a  threshold  ( set lower value ≥ X ≥set higher value ). Note- Main and Signal lines can be different set values – on each timeframe

RSI  

Setting 1: Choose RSI setting – on each timeframe

Setting 2: Se RSI value to open trade within a threshold ( set lower value ≥ X ≥set higher value ) – on each timeframe

MACD

Setting 1: Choose RSI setting – on each timeframe

Setting 2: Main line can set above Signal line or vice versa – on each timeframe

SMA

Setting 1: To enter trade when price above or below a set SMA – on each timeframe

SELL: When the following settings are true across a set of 4 different Timeframes

Stochastics

Setting 1: Choose a specific stochastic setting  – on each timeframe

Setting 2: Main line can set be above Signal line or vice versa – on each timeframe

Setting 3: Main line and Signal line values can be set  respectively to open trade when price (X) is on a  threshold ( set higher value ≤ X ≤set lower value ). Note- Main and Signal lines can be different set values – on each timeframe

RSI  

Setting 1: Choose RSI setting – on each timeframe

Setting 2: Set RSI value to open trade within a threshold ( set higher value ≤ X ≤set lower value ) – on each timeframe

MACD

Setting 1: Choose RSI setting – on each timeframe

Setting 2: Main line can set above Signal line or vice versa – on each timeframe

SMA

Setting 1: To enter trade when price above or below a set SMA – on each timeframe

Other settings

·         Set Take profit

·         Set number of trades that can be entered per time

·         Set time period for the day for trading

CLOSE ( based on the settings of the options below)

·         When Stochastics Main and signal lines on a  set time frame  are equal (same value) – Note any of the time frame can be set as the trigger for closing

·         Stop loss

·         Trailing stop

NO   NOTE: ALL SETTINGS SHOULD BE OPTIONAL

N