Forex: Stoch 15,5,5 + SMA

Pair: GbpJpy
Tf : 15 & 5
Stoch 15,5,5
SMA 50 (major trend)
SMA 20 (current trend)
SMA 5 (for entry)

HOW TO MAKE AN ENTRY??

1. Open 2 chart which are tf5m & 15m
2. Set up all indicator mentioned above on both tf
3. Look at stoch condition at tf15m either going up or down on
4. Look at stoch condition at tf5m either going up or down
5. Make sure both tf stoch are parallel (either going up or down)
6. SMA 50 to look for major trend
7. SMA 20 to look for current trend
8. SMA 5 to make an entry if it crosses SMA 20(look at tf5m)

Msg: TP shoud be around 5-10pips only. If trend go against us, use hedging technique to cover our post.

This is an example how to make an entry:

TF15M


TF5

I have made the red vertical line on both chart for easy understanding. This is the correct way how to make an entry. Now look at red vertical line area,at tf15m, stoch already cross and heading upward and at the same time, stoch at tf5m also heading upward. After confirming this stoch pattern, look at SMA5 at tf5m. It also crossed SMA20. Then what are you waiting for???just make an entry!!!!

Download template below:
stoch15,5,5+sma.rar

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