Time Frame 15min or higher.
Currency pairs: Majors; Indicies: S&P 500, Nasdaq, DAX, FTSE.
Metatrader Indicators:
Schaff Trend Cycle (30, 24, 48);
Stochastic (78,78, 1);
FX Arrow (you can change this arrow with another, I show two different arrows ).
Trading Rules STC Trading System
Trade with the trend
Long Entry
FX Arrow buys confirmed by Stochastic line above the signal line and Schaff Trend Cycle is above the level 25.
Short Entry
FX Arrow sells confirmed by Stochastic line below the signal line and Schaff Trend Cycle is above the level 75.
Exit position with profit target predetermined that depends on the time frame and currency pairs.
Money Management
We recommend trading at a max of 1% per trade and 4% total on all currency pairs you’re trading. If you are trading only one calibrated pair, you could trade at 4%. If you are trading two calibrated pairs, you could trade each at 2%. If you are trading 3 calibrated pairs, you could trade each at 1.33%. Finally, if you are trading 4 calibrated pairs, you could trade each at 1%. However, you, and only you can decide the amount of risk that is best for your circumstances and trading style.
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