Swing Stock Indices Trading Using the 1 Hour Indices Trading Chart
To create a 1 Hour Swing Trading System that generates the indices trading signals on the Hour Chart shown below - Swing Trading 1 Hour Chart - Swing Trading Using the 1 Hour Chart. We shall use the 1 Hour stock indices chart to write the rules of this indices trading system - 1 Hour Swing Trading System.
This 1 Hour Swing Trading System refers to a set of written indices rules that you as a indices swing trader follows to manage your stock indices trades on the 1 Hour Indices Charts. These indices trading system rules must be written down so as to guide you. This learn indices trading system tutorial will explain how to write the rules of your indices system.
The keyword is a SET OF Indices Trading RULES which you must follow when trading. If you don't follow the indices rules of your indices trading system then you don't have a Indices Trading System. Indices systems must have rules which are written down within your indices trading plan.
Example of 1 Hour Swing Trading System below:
Swing Trading 1 Hour Chart - Swing Trading Using the 1 Hour Chart
You can come up with the above 1 Hour Swing Trading System using the steps below:
Step 1:Step 2:Choose Your Indices Chart Time Frame - 1 Hour Indices Chart
Step 3:Choose Stock Indices Indicators that Identify a New Indices Trend - Moving Average Crossover Indices System.
Step 4:Choose Stock Indices Indicators that Confirm the Indices Trend - RSI Stock Indices Technical Indicator, Stochastic Indicator
Step 5:Define Entry and Exit Points
Buy Entry
- Both Moving Average indicators pointing up
- RSI indices trading technical indicator above 50
- Stochastic oscillator indicator moving up
Sell Entry
- Both Moving Average indicators pointing down
- RSI indices trading technical indicator below 50
- Stochastic oscillator indicator moving down
Exit Stock Indices Trading Signal
- Moving Average indicators gives opposite signal
- RSI indices trading technical indicator gives opposite signal
Step 6:Calculating risks in each trade - Select the number of Pips to set for the indices stop loss trading order for your open indices trades
Step 7:
Test the 1 Hour Swing Trading System on a indices trading practice trading account
After using these stock indices trading step by step guide you can come up with the written 1 Hour Swing Trading System Rules as shown below.
Writing 1 Hour Swing Trading System Indices Rules
Example of How to Write the Best 1 Hour Swing Trading System Rules
This 1 Hour Swing Trading System produces the stock indices signals as shown below. Using these stock indices trading system rules - stock indices traders can determine when to enter and exit stock indices trades.
1H Candle Breakout Indices Trading System - Swing Trading Using the 1 Hour Chart
We have completed writing the indices rules, if you are researching on how to create the best 1 Hour Indices system - this learn indices trading system guide - you can also include the 1 Hour Swing Trading System Rules in your Indices Trading Plan.
1H Candle Breakout Indices Trading System - Swing Trading 1 Hour Chart - Swing Trading Using the 1 Hour Chart