Day Trading Strategies Guide

This trading system template is fully explained within the trade plan on the Indices Plan Template Example on this learn trading website under -indices key concepts section located on the right navigation menu.

Chart Time frame

1 hour chart

Technical Indicators which spot a new trend

Moving Average Crossover Strategy

Indicators that confirm the trend

RSI indicator

Stochastic indicator

Buy Signal

1. Both Moving Averages moving up

2. RSI above 50

3. Both stochastics moving up

Sell Signal

1. Both Moving Averages heading down

2. RSI below 50

3. Both stochastics moving downward

Exit Signal

1. Moving Averages Technical Indicator gives opposite signal

2. RSI indicator gives opposite signal

Indices Risk Management

Stop loss - 20 pips

Take Profit Order - 60 pips

Reward : Risk Ratio 2 :1

Day Trading Strategies Course - Stock Indices Daily Charts System - Indices Simple Strategy - Indices Strategies Revealed - Moving Average Strategies - Indices Intraday Strategies