Stochastic High Low Forex Trading Strategy For MT4

Stochastic High Low Forex Trading Strategy For MT4

The Stochastic High Low Forex Trading Strategy For MT4 is based on the well known stochastic indicator which is one of the standard indicators of the MT4 platform.

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The values of the stochastic indicator are swinging between the values 0 and 100. It is commonly known that values below 20 are indicating oversold regions and values above 80 are indicating overbought regions.

Values below 10 and above 90 are showing even more extreme regions which are usually followed by a price a reversal.

The inventor of this strategy uses these extreme regions as the first conditions that needs to be met to start a trade. I will now explain the rules for a buy trade (the rules for a sell trade are identical but in the opposite direction):

The stochastic indicator shows a value below 10. Then you wait until the value moves above 20. This move above 20 is your entry signal. The inventor of the strategy says that you can now hold the trade until the stochastic reaches the value 80 which gives you the exit signal.

Of course, as I always suggest, you should check the direction of the trend of the bigger time frame first. Initiating trades in direction of the bigger time frames will make you more profitable in the long run.

Download the complete system description and the files here:

FREE Stochastic High Low Forex Trading Strategy

Download the FREE Stochastic High Low Forex Trading Strategy for MT4.

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