Trade Stock Indices

Intraday Trading Using 1 H Indices Chart

To create a 1H Day Strategy that generates the signals on the Hour Stock Indices Chart shown below - Intra-day Trading 1 H Chart - Day Trading Using 1 H Chart. We shall use 1 Hour chart to write down the guidelines of this strategy - 1 Hour Intra-day Strategy.

The 1H Day Strategy is just a set of written rules for managing your trades on the H1 charts if you're swing trading indices. Write these rules down - they'll guide you. This tutorial will walk you through how to set up your own strategy rules.

Keyword is a SET OF RULES that you as a trader must follow when trading. If you don't follow the rules of your strategy then you don't have a Stock Index Trading Strategy. Strategies must have rules that are written within your stock indices plan.

Examples of 1H Day Strategy below:

H Chart Time Frame Trading - 1 Hour Day Trading Method

Note rules for a 1-hour intraday plan. Day trade on the 1H chart for short holds.

You can create above H1 Day Strategy using the steps below:

Step 1:

Choose and Select Your Stock Indices Chart Time-Frame - 1 H Chart

Step 2:

Choose indicators that spot a new trend in the indices market - try a moving average crossover strategy for this.

Step 3:

Choose Technical Indicators which Confirm the Market Trend - RSI, Stochastic Indicator

Step 4:

Define Entry and Exit Points

Buy Entry

  1. Both Moving Averages pointing upward
  2. RSI above 50
  3. Stochastic oscillator trading heading up

Sell Entry

  1. Both MAs pointing down
  2. RSI below 50
  3. Stochastic oscillator indicator moving down

Exit Signal

  1. MAs Moving Averages indicators generates in the opposite trend signal
  2. RSI generates in the opposite trend signal
Step 5:

Calculating risks in each trade - Select and Choose the number of Pips to set for indices stop loss order for your open trades

Step 6:

Formalizing the Rules for an H1 Timeframe Day Trading Strategy

Step 7:

Test the H1 Day Strategy on a demo practice account

After using these step-by-step course you can create written 1 Hour Intra-day Strategy Rules like as illustrated below.

Writing H1 Day Strategy Rules

1-Hour Day Trading Rules for Stock Indexes - H1 Candle Breakout Strategy for Indexes

Example of How to Write Down the Best 1 H Day Trading Strategy Rules

This 1H Day Strategy produces the signals just as is shown below. Using these indices strategy trading rules - traders can determine when to enter and exit trades.

A Day Trading Methodology Based on the 1 Hour Chart Breakout (H1 Strategy)

1H Chart Day Strategy - 1H Candle Trading Break out Strategy - Day Trading Using the 1 H Chart

We finished the trading rules. If you seek the top 1 H strategy, use this tutorial as a guide. Add the 1 Hour Day Strategy Rules to your Indices Plan too.

1-Hour Chart Strategies Explained - Effective H1 Candle Breakout and Intraday Trading Techniques on the 1H Chart

Get More Lessons and Tutorials & Guides:

Stock Index Broker