8# FTLR Trading System
Stochastic and Bollinger Bands
Submit by ForexStrategiesResources
Time Frame :5 min or higher
Sixths Screen V.3.6 DC;
Sixths indi takes the high/low of the previous BarCount bars and divides this figure into sixths. The zone in between the green lines is a no-trade zone.
Market must be above the top green line for short trading and below the bottom green line for long trading.
Bollinger Bands (25) top line must be above the top green line for short trading and below the bottom green line for long trading.
Stochastic (14,5,5) blue line must be >= 85 for short trading and <= 15 for long trading.
Stochastic (21,9,9) blue must be >= 850for short trading and <= 20 for long trading.
In the picture FTLR forex system in action.
Share your opinion, can help everyone to understand the forex strategy.
Stochastic Trading System