Signal example of 100 pips × 25 consecutive wins on the stochastic daily chart
Hello!
This is Satori of FX Research.
Today, I will report a signal example of 100 pips × 25 consecutive wins on the daily chart of Stochastic.
The figure below shows the USDJPY daily chart with the Stochastic MA breakout signal.
Since it is a daily chart, one profit target is set at 100 pips.
http://livedoor.blogimg.jp/fxmt4indicator/imgs/c/a/caccad5a.gif
In the figure above, we only buy below the blue horizontal line of the Stochastic.
The figure below shows a sell signal case on the USDJPY daily chart.
http://livedoor.blogimg.jp/fxmt4indicator/imgs/9/f/9f59572b.gif
In the figure above, we only sell above the red horizontal line.
http://livedoor.blogimg.jp/fxmt4indicator/imgs/7/5/75b9e4d7.gif
Over 5 years, 100 pips × 25 consecutive wins, so with a 0.1 lot trading, the profit is 250,000 yen.
In 2017, the year, there was a forward test period and 5 consecutive wins.
Although the number of trades is small, the entry timing is well narrowed.
If operating across multiple currencies, the lines would become more realistic, but
for example, using a filter such as buy only when Stochastic is 25 or below (oversold) and sell only when Stochastic is 75 or above (overbought) allows entry with counter-trend timing similar to Bollinger Bands.
On a daily chart, you can normally take 100 pips, so if you want to proceed at your own relaxed pace, using Stochastic on daily charts with 8 currencies might be good.
Finally, I also include an example for USDJPY on the 30-minute chart.
http://livedoor.blogimg.jp/fxmt4indicator/imgs/0/4/0482b51e.gif
The EA and indicators used for today's verification.
Trade Rule Creation Support Tool MT4 Stochastic MA Breakout EA
http://fxmt4indicator.abproducts.biz/wp/?page_id=432
Trend-following Pullback Buy Indicator MT4 Stochastic MA Breakout
http://fxmt4indicator.abproducts.biz/wp/?page_id=294
From the settings screen, you can download the today’s chart signal corresponding preset file and MT4 report from the links below.
http://fxmt4indicator.abproducts.biz/Preset_Report_201801/20180103_StochasMATest.zip
※Preset files can be used only by those who have purchased the EA or indicator, but I hope everyone can use them as reference.
Thank you very much for reading until today.