To illustrate how traps on the stoch will help - a continuation of the above post.TEAMTRADER wrote: Wed Jun 25, 2025 9:59 pm Attached indicators and template - hope it helps.
This is one of many templates I trial but it is specifically for scalping the 1m chart.
The black and white arrows are the stochs cross and the blue and red arrows are the RSx cross of zero.
The stochs is the main 'direction' indicator with the VERY helpful OBOS areas signalled - I have set them to 99 and 1.
MOST IMPORTANTLY I draw traplines - trendlines - on the stochs indicator that will keep you from entering a bad trade. This is something that I have been doing for a while and it definitely will help make you more successful if you have the patience necessary for trading.
TEAMTRADER
Look at the RSx crossing its levels and it becomes a formidable combination.
TEAMTRADER