High accuracy forex Dynamic Channel of Support Resistance with RSIOMA Filter – A stochastic oscillator is a technical investment analysis tool used to measure a security’s closing price in comparison to its price range over a given period of time. The process is used to help traders determine the best time to BUY or SELL a currency pair.
- Time Frame: M15 or higher
- Currency Pairs: GBPUSD, EURUSD, AUDUSD, and USDJPY
MetaTrader Trading indicators
- Stochastic Cross Alert (Signal)
- Support Resistance
- SpikeBar
- RSIOMA
BUY Rules
- Stochastic Cross Alert (Signal): Aqua arrow (BUY signal)
- Support Resistance: Price upward from the blue (support) line
- RSIOMA: RSI line > MA line
SELL Rules
- Stochastic Cross Alert (Signal): Red arrow (BUY signal)
- Support Resistance: Price downward from the red (resistance) line
- RSIOMA: RSI line < MA line
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