Multi Stochastic Trading System

By doubling on Stochastic analysis we are doubling on trading accuracy... However, one should remember that with each new Forex tool added complexity can appear; and a very complex approach is not always good.
In fact, using this stochastic correctly and multiple time frames will give you entry points at the exact turning points of price, forgive if you feel I'm a little thick, but given that I make very good profits daily from using this indicator. When used correctly it's no lagging indicator, it shows the price on the chart and just before price moves. With using the red and blue lines they will show price as soon as it turns, you need to understand how to read such an indicator to trade it.

Entry Position

  • Matrix Changes color and the bar closes. This will be the signal candle (the indicator doesn’t repaint)
  • The price improves by at least 1 pip of the Signal candle.
  • If you use the Stochastic then at least one needs to be in your direction.

Exit Position

Exits are the most important thing in trading as that is where you as a trader decide if the opportunity is still present. Exits help use to lock in profits and reduce risk by moving Stop losses and many other things.
  • TP1 = + 3 or greater or if you decide to make it smaller because PA is not looking good.
  • TP2 = + 6 or greater but you will always try and get the best price for it.
  • TP1 = +6 or bigger
  • TP2 = +12 or bigger or if there is a reversal signal

How to install Forex Multi Stochastic Trading System?

  • Download Forex Multi Stochastic Trading
  • Copy mq4 and ex4 files to your Metatrader Directory/experts/ indicators /
  • Copy tpl file (Template) to your Metatrader Directory/templates/
  • Start or restart your Metatrader Client.
  • Select Chart and Timeframe where you want to test your forex system.
  • Now load template file from template section.
  • Now you will see Forex Multi Stochastic Trading System is available on your Chart.

Click here below to download: