Forex STC Alert Signals Trading Strategy
Forex STC Alert Signals Trading Strategy:
STC Trading System is a momentum trend fx strategy based on the Schaff Trend Cycle with Slow Stochastic.
The Stochastic and STC indicators provide you with information on both long‐and short‐term market direction. Together they present a rolling estimate of the market direction on a daily chart while maintaining the shorter term characteristics of hourly price movement. “The trend is our friend.”
Consequently, the combination of these two indicators is ideal for this approach to trading the Forex, as we are usually trading in the direction of the dominant trend. However, there are times when you can trade against the trend, taking advantage of a retracement or probable change in market direction.
Time Frame 15min or higher.
Currency pairs: Majors; Indicies: S&P 500, Nasdaq, DAX, FTSE.
Metatrader Indicators:
Schaff Trend Cycle (30, 24, 48);
Stochastic (78,78, 1);
FX Arrow (you can change this arrow with another, I show two differents arrows ).
Trading Rules STC Trading System
Trade with the trend
Long Entry
FX Arrow buy confirmed by Stochastic line above the signal line and Schaff Trend Cycle is above the level 25.
Short Entry
FX Arrow sell confirmed by Stochastic line below the signal line and Schaff Trend Cycle is above the level 75.
Exit position with profit target predetermid that depends by time frame and currecy pairs.
Money Management
We recommend trading at a max of 1% per trade and 4% total on all currency pairs you’re trading. If you are trading only one calibrated pair, you could trade at 4%. If you are trading two calibrated pairs, you could trade each at 2%. If you are trading 3 calibrated pairs, you could trade each at 1.33%. Finally, if you are trading 4 calibrated pairs, you could trade each at 1%. HOWEVER, you, and only you, can decide the amount of risk that is best for your circumstances and trading style.
In forex a trading strategy is a fixed plan that is designed to achieve a profitable return by going long or short in markets. The main reasons that a properly researched trading strategy helps are its verifiability, quantifiability, consistency, and objectivity.
For every trading strategy one needs to define assets to trade, entry/exit points and money management rules.
How to install Forex STC Alert Signals Trading Strategy?
- Download Forex STC Alert Signals Trading Strategy.zip
- Copy mq4 and ex4 files to your Metatrader Directory / experts / indicators /
- Copy tpl file (Template) to your Metatrader Directory / templates /
- Start or restart your Metatrader Client
- Select Chart and Timeframe where you want to test your forex strategy
- Load indicator on your chart
How to uninstall Forex STC Alert Signals Trading Strategy?
To shut down an indicator, one has to remove it from the chart. At that, its drawing and recalculation of its values will stop. To remove an indicator from the chart, one has to execute its context menu commands of “Delete Indicator” or “Delete Indicator Window”, or the chart context menu command of “Indicators List – Delete”.
