Indices Trading Program

One of the main indices trading part of a indices trading plan is your indices trading program. A indices trading plan is the indices trading tool which a trader will use to ascertain & plan all aspects of their trading. A indices trading plan will have a written indices trading system that a trader follows and the indices trading journal rules trading rules among others.

Within this indices trading plan a indices trading plan will also write down the indices trading program that a trader will follow while trading the stock indices trading markets.

Here is the indices trading program that you can follow form this indices trading plan

TIMEFRAMES

• Main timeframe for trading is the 1Hour.
• Indices Trading Signals are generated on 1Hour time-frame.
• Indices Trade Signals generated should be supported by 4Hour time frame.

4H

• Indices Trend Lines (Support & Resistance)
• 5 & 7 Simple Moving Averages
• MACD (12, 26, 9)
• RSI (14) +Support & Resistance
• Parabolic SAR

1H

• Indices Trend Lines (Support & Resistance)
• 5 & 7 Simple Moving Averages
• Stochastic Oscillator (14, 4, 7)
• RSI (14) +Support & Resistance
• Bollinger Bands (20, 2)
• Parabolic SAR

RULES

LONG ENTRY

1H

1. Both MAs are heading Upward
2. Both Stochastics are heading Upwards
3. RSI above 50
4. Parabolic SAR is below the stock indices trading price ( Support )

4H

1. Both MAs are heading Upward
2. Both Stochastics are heading Upwards
3. RSI >->50

LONG EXIT

1. RSI gives opposite signal
2. Indices Price breaks Support Indices Trend Line
3. Parabolic SAR is hit (Trailing Stop)

RULES

SHORT ENTRY

1H

1. Both MAs are moving Downwards
2. Both Stochastics are heading Downwards
3. RSI below 50
4. Parabolic SAR is above the stock indices trading price ( Support )

4H

1. Both MAs are moving DOWN
2. Both Stochastics are moving DOWN
3. RSI below 50

SHORT EXIT

1. RSI gives opposite signal
2. Indices Price action breaks Support Indices Trend Line
3. Parabolic SAR is hit (Trailing Stop)

TRADE ROUTINE

1. Indices Signals are generated using 1 H time-frame.
2. Indices Signal to be executed immediately rules are met.
3. Entry indices trading alerts signals should be executed during daytime.

TIME OF DAY TO WATCH MARKET - Indices TRADING HOURS

Watch market during daytime when most stock indices trading brokers and online indices trading brokers are open for trade transactions. Use this to come up with a suitable Indices Trading program.

The best indices trading hours when markets overlap that will form the best indices trading times are between 8:00 GMT and 18:00 GMT when most of the major indices trading sessions overlap. Indices Market Trading Hours and Best Stock Indices Trading Hours

indices trading program - best indices hours