5 minute Chart Set-up
Description: An intra day trend following trading method, using the following indicators:
• 10 period WMA (Weighted Moving Average)
• 20 period SMA (Simple Moving Average)
• Slow Stochastic (10,6,6 (exponential))
• RSI (28)
• MACD (24/52/18 (exponential))
Rules: Only take trades between 8AM-12PM EST and/or 2AM-4AM EST. Why? click here...
BUY the exchange rate when the 10 WMA crosses up past the 20 SMA and the Stochastic is signaling up...