Forex JPY Pairs Trading with Stoch Explosion System

High accuracy JPY Pairs Trading with Stoch Explosion System – The system is very simple but effective. You can use the system for an M5 time frame or higher with All JPY pairs.


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  • Time Frames: M5 or higher
  • Currency Pairs: All JPY pairs

 

MetaTrader Trading Indicators
  • Moving Average
  • Stoch Histogram
  • Waddah Attar Explosion

 

BUY Rules

  • Moving Average: Fast MA > Slow MA
  • Stoch Histogram: Green histogram
  • Waddah Attar Explosion: The previous bar was green and above MA line
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SELL Rules

  • Moving Average: Fast MA < Slow MA
  • Stoch Histogram: Red histogram
  • Waddah Attar Explosion: The previous bar was red and above MA line

 

EXIT Rules
  • This is a high accuracy aggressive trading system
  • Place the initial stop loss above or below the previous candle
  • Risk Reward Ratio 1:2 or 1:3

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