Hi All
Really Great Staff You Are Doing in Here
I am just started to trade Forex using a strategy that is looks nice and easy to follow for me. But I need your help in putting it in a simple Indicator inorder to be able to visualise the trades so i can make a back test for it.
The Indicator is to Show a red down arrow in the sell setups, and to show blue up arrow in the buy setups
The Strategy
Buy Setup when the Stoch on the 4 Hr's chart is under 20.
Sell Setup when the Stoch on the 4 Hr's chart in above 80.
I enter the trade with 40 pip s/l and 40 pip t/p.
But I do think if we have an indicator doing such job we can deg more and find what is a better s/l, t/p, and trade management tools.
So can Any One Help In This