Lesson 2

Lesson 2

Lesson Attachments

Stochastic

Stochastic settings:
Period: 5,3,3
Levels: 80 (overbought) and 20 (oversold)
Time frame: M15

We need to get confirmations from stochastic before executing the trade. When stochastic goes over 80 and crosses down we have confirmation for sell. When it goes under 20 and crosses up, we have confirmation for buy.

Example:
Stochastic went over 80 and crossed down – sell confirmation.
Stochastic went under 20 and crossed up – confirmation for buy.

Use full screen mode for high quality video.