Currency pair: Any.
Time frame: Any.
Indicator: Full Stochastic (14, 3, 3)
Entry rules: When Stochastic has crossed below 20, reached 10, and then crossed back up through 20 – set BUY order.
Entry rules: Sell when Stochastic has crossed above 80, reached 90, and then crossed back down through 80.
Exit rules: close trade when Stochastic lines rich the opposite side (80 for Buy order, 20 for Sell order).
![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjwk2lPC2bw19LNi5eDaDsvDq0GsxQasTPSwn48mC5nCF-THxkf14te8yxK5bVdF8iO7rGBkd96JIOs56mYqy0hGC1rwkB-q4MLiQ8oP9S_P69V9etZcrGMq3gf1dYLJOeJUjHyK2Jmg8yX/s320/stoch2.gif)
Advantages: gives quite accurate entry/exit signals in well trending market.
Disadvantages: needs periodical monitoring. Stochastic is suggested to be used along with other indicators to eliminated entering on false signals.
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