Minimalist Trading Strategy
v. 1.00
lol, we use too many indicators.
Let's simplify it down to two main indicators: SMA(20) and Stochastic (5,3,3).
SMA(20) is the middle line of the Bollinger Band. We get the best of both worlds.
If a complete candle is above the SMA(20), then we go LONG/BUY.
And check to see if Stochastic (5,3,3) crosses up.
If a complete candle is below the SMA(20), then we go SHORT/SELL.
And check to see if Stochastic (5,3,3) crosses down.
Those arrows are from the FTLM indicator. (Fast Trend Line Momentum). They're very helpful.