Stochastic Cross Forex Pivot Points Strategy

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Stochastic Cross Forex Pivot Points Strategy

This Trading System is a reversal forex strategy based on pivot points levels indicator and stochastic cross alert.
This strategy is simple and it’s easy to understand. Here are the rules.

For BUY:

  • Wait a buy arrow below pivot point levels (green line).
  • Buy below pivot central line.

For SELL:

  • Wait a sell arrow above pivot point levels (green line).
  • Sell above pivot central line.

You can open 3 maximum positions at the same time.

Exit position:

  • Exit at the opposite stochastic cross alert or at the pivot points levels.
  • Stop loss 3 pips below or above at the previous pivot line or 20-25 pips.

Warning: this strategy is not for beginners

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