4 Hour Candle Times Strategy
Stochastic Oscillator indicator can be combined with other indicators to form a system.
- RSI indicator
- MACD indicator
- Moving Averages indicators
Systems Examples - Best MT4 Examples Systems
4 Hour Candle Times Strategy - 4 H Chart Trade Strategies - 4 H Indices Simple System
How the sell signal was generated
From our indices rules the sell stock signal is generated when:
- Both Moving Averages indicators are moving downward
- RSI indicator is below 50
- Stochastic indicator heading downwards
- MACD indicator moving downwards below center line
The sell signal was generated when all the written rules of the Simple 4 H Strategy were met. The exit stock signal is generated when a signal in the opposite direction is generated by the indicators.
Good thing about using such a stock system is that - different types of indicators are used to confirm the trading signals trades and therefore avoiding as many indices whip-saws as possible in process.
- Stochastic oscillator - momentum oscillator
- RSI - momentum indicator
- Moving Averages -trend following indicator
- MACD -trend following oscillator
Based on the chart timeframe used - 4 Hour Stock Chart Strategies - this Simple H4 Strategy can be used as a day trading system when the 4 H charts are used.
4 Hour Candle Times Strategy - 4 H Chart Trade Strategies - 4 H Indices Simple System - 4 Hour Strategy - 4 H Indicators - 4 H Strategy Indices