- Screen 1 (1 Day Time Frame): MACD Hightogram ... A bullish trend is indicated when the MACD histogram increases 3 times in a row and the most recent MACD histogram is greater than 0. ... A bearish trend is indicated when the MACD histogram decreases 3 times in a row and the most recent MACD histogram is less than 0.
- Screen 2 (45 minutes Time Frame): Stochastic ... Overbought: A buy signal is generated when the first screen is in an uptrend and the K-line crosses up the D-line below 20. ... Oversold: A sell signal is generated when the first screen is in a downtrend and the K-line crosses down the D-line above 80. - Screen 3 (30 Minute Time Frame): High/Low Pivot & 21 & 50 Moving Averages - A bullish trend is indicated when the ema 12 crossover the ema 26 moving averages. - A bearish trend is indicated when the ema 12 crossunder the ema 26 moving averages.
- Stop Loss: ... A stop-loss order for a bullish trend is placed at the lowest price of the green day candle. ... The stop-loss order is trailed up as long as the bullish trend is in place. ... A stop-loss order for a bearish trend is placed at the highest price of the red day candle. ... The stop-loss order is trailed down as long as the bearish trend is in place.