4 H Chart Strategies
Stochastic Oscillator technical indicator can be combined with other indicators to form a trading system.
- RSI xauusd trading technical indicator
- MACD xauusd trading technical indicator
- Moving Averages trade technical indicators
Trading Systems Strategies Examples - Best MT4 Examples Systems Strategies
Simple H4 Strategy - 4 H Candlestick Times Gold Strategy - 4 H Chart Strategies - 4 H Gold Simple System
How the sell signal was generated
From our gold rules the sell trading signal gets generated when:
- Both MAs indicators are moving down
- RSI indicator is below 50
- Stochastic indicator moving downward
- MACD indicator moving downwards below the center line
The sell signal was generated when all the written gold rules of the Simple 4 Hour Strategy were met. The exit signal is given when a signal in the opposite direction is generated by the technical indicators.
Good thing about using such a trading system is that - different types of technical indicators are used to confirm the trading signals trades and therefore avoiding as many whipsaws as possible in process.
- Stochastic oscillator - momentum oscillator
- RSI - momentum oscillator
- MAs Indicator - trend following indicator
- MACD - trend following indicator
Based on the chart time frame used - 4 H Chart Strategies - this Simple H4 Strategy can be used as a day system when the 4 Hour charts are used.
Simple H4 Strategy - 4 H Candlestick Times Gold Strategy - 4 H Chart Strategies - 4 H Gold Simple System - 4 Hour Gold Strategy - 4 Hour Indicators - 4 Hour Strategy Gold
