Trade Stock Indices

Indices Program

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

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

Here is the trading program that you as a trader can follow form this plan

TIMEFRAMES

  • Main timeframe for trading is the H1.
  • Trading Signals are derived and generated on H1 time frame.
  • Trade Signals generated should be supported by H4 time frame.

4H

  • Trend-Lines (Support and Resistance)
  • 5 and 7 Simple MAs
  • MACD (12, 26, 9)
  • RSI (14) +Support & Resistance
  • Parabolic SAR

1H

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

RULES

LONG ENTRY

1H

  1. Both MAs are moving Upwards
  2. Both Stochastics are moving Upwards
  3. RSI above 50
  4. Parabolic SAR technical is below the price ( Support )

4H

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

LONG EXIT

  1. RSI generates a in the opposite trend signal
  2. Price breaks Support TrendLine
  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 value below 50
  4. Parabolic SAR is above the price ( Support )

4H

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

SHORT EXIT

  1. RSI generates a in the opposite trend signal
  2. Price action breaks Support TrendLine
  3. Parabolic SAR is hit (Trailing Stop)

TRADE ROUTINE

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

TIME OF DAY TO WATCH MARKET - Indices TRADING HOURS

Watch market during the day time when most trading online brokers and online brokers are open for trades. Use this to create a good Indices program.

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

indices program - best hours

Learn More Courses:

Forex Trading Seminar Gala

Forex Trading Seminar

Stock Index Broker