Stochastic Maestro 5 System is a trend following trading system which designed to work in all time frames. Stochastic Maestro 5 System is a clean and simple trading system with higher rate of win to lose ratio. It has highly optimized forex trading indicators. All of the indicators used in this system are very popular and simple yet very powerful. If traders are able to maintain good risk to reward ratio on each trade they place, this system has capability to generate profits in the long run. suitable for any currency with a time frame above 5 minutes
When you successfully install Stochastic Maestro 5 System in your platform, your chart should look like this:
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| Stochastic Maestro 5 System |
INDICATORS
Heiken Ashi chart
Heiken Ashi chart has been used in Stochastic Maestro 5 System. As a trend follower Heiken Ashi chart is a proper way of looking at the chart because this kind of chart filters the minor fluctuations of the market and shows the real trend of the market.
Signal line
Signal line is one of the most important technical indicators of Stochastic Maestro 5 System. It works like a moving average but it will change its color as per change in market direction. In an up trending condition of market signal line indicator is turning green and in a down trending market signal line will change to red.
Moving Average
50 periods Simple moving average is used in here. This SMA remains green when market is up and it will turn red when market goes down.
Ken Bars
Ken Bars indicator consist of red and green bars. Green bars indicate bullish signal while red bars indicate bearish signal of market.
Stochastic
Stochastic indicator has red and green oscillators. When the green oscillator line crosses above the red oscillator, it’s a buying signal and when the red oscillator line crosses above the green, it is an indication of bearish signal.
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| Stochastic Maestro 5 System Indicators |
RULE of Stochastic Maestro 5 System
BUY Entry
- Major trend of the currency pair you're watching should be up.
- Heiken Ashi Bars turning purple.
- Signal line indicator should cross and stay above the moving average.
- Green line of stochastic oscillator is above red oscillator line.
- Ken Bar indicator should show green bars.
- Place Buy position when all of the above conditions are met.
- Place stop loss level below the recent swing low.
- Exit Buy position with profit when signal line indicator crosses down below moving average.
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| Stochastic Maestro 5 System in Buy condition |
SELL Entry
- Major trend of the currency pair you're watching should be downward.
- Heiken Ashi Bars turning red.
- Signal line indicator should cross and stay below the moving average.
- Red line of stochastic oscillator is above green oscillator line.
- Ken Bar indicator should show red bars.
- Place Sell position when all of the above conditions are met.
- Place stop loss level above the recent swing high.
- Exit Sell position with profit when signal line indicator crosses up above moving average.
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| Stochastic Maestro 5 System in Sell condition |
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