Good looking out thanks Team trader. It would appear that the White lines of the subwindow are what we should be paying attention to as early signals then confirmation when the white lines appear on the main chart MA. Im using it for Gold on 1H chart for example these white linesTEAMTRADER wrote: Sat Mar 11, 2023 3:19 am Follower Stochastic setup for MT4
I thought this may be of help to anyone who day trades.
Multiple Hma's along with a simple 8 smma arrow signal and the only rule is to wait till the stochastics agrees with the chart and then trade.
The stochs I have put a background on to separate the up, down and sideways areas along with the important levels so that divergence can be seen more easily and the template will save you doing this.
TEAMTRADER
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Re: Follower Stochastic Setup for intraday trading
boytoy, Wed Jun 07, 2023 7:32 pm