by bull101
The System
Chart Setup
Open a 4hr Chart.
Add the Awesome Oscillator.
Add the Stochastic Histogram, with 5,3,3 settings.
Add the Advanced_ADX Indicator with a 13 day period.
Long Entry Criteria:
1. The Awesome Oscillator is Green.
2. The Stochastic Histogram is Green.
3. The ADX Indicator is Green AND above the 15 line.
Its that simple! 3 Greens means GO LONG!
Short Entry Criteria:
1. The Awesome Oscillator is Red.
2. The Stochastic Histogram is Red.
3. The ADX Indicator is Red AND above the 15 line.
That's it for shorts! 3 Reds means SHORT.
Money Management and Exit Strategy
1. Open 2 trades which together risk no more than 3% of your total available balance.
2. Set a stop loss of -100 pips for both trades.
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