SPY 1hr with Fib Retracements and MY NEW STRATEGY

Blew everything up. I was a triple EMA guy for a long time, but it's not producing results like it used to. So I used my sick day to do some research and landed on this new strategy and I am excited to start using it.

200ma to confirm trend - Stochastic RSI combo - TTM Squeeze. I also have the option of turning on the custom indicator "ultimate moving average" that I am really enjoying.

Here is how it will work for me, and I am talking long positions only.

1. 200ma - stock must be trading above/at the 200ma for a position
2. Stochastic RSI (stock must be crossing/already above the red line)
3. TTM Squeeze (stock must be grey/blue beginning histogram)

For entry - must have 2 out of 3 confirmations. From my few hours of testing today, it is pretty reliable and a solid strategy. The TTM Squeeze is a fantastic indicator, I really am looking forward to using that. It seems like the Stochastic might lag a bit, even though it is supposed to be the one out front. We shall see.

Entry on the 10min
Confirm trends on 1hr

More updates over the weekend!

SPY