Stochastic Crossover Strategy

Stochastic Crossover Strategy
Stochastic Crossover Strategy

Setup

Stochastic Oscillator (9,3,3) – fast
Stochastic Oscillator (21,9,9) – slow

Stochastic Crossover Strategy

Stochastic Crossover Strategy

Entry

Keep an eye out for buy trades when the slow oscillator lines cross upwards. Buy when the fast oscillator crosses upwards.

Keep an eye out for sell trades when the slow oscillator lines cross downwards. Sell when the fast oscillator crosses downwards.

Exit

Exit buy trades when one of the oscillator lines cross downwards.

Exit sell trades when one of the oscillator lines cross upwards.

Currency Pairs

Any

Time Frame

1 hour time frames, or longer.

Pros

Easy to automate.
Simple setup
Using two indicators helps reduce false signals

Cons

Needs constant monitoring.
This is a lagging indicator

Backtesting

link -> backtesting results

Expert Advisor