Trading System Intraday

In this post, I will share about trading system intraday which use stochastic, Exponential moving average and MACD Moving Average Convergence Divergence. This trading strategy is used for scalp, in other words you better use this strategy to getting small pips. In this trading system we use standard trading rules that should be followed to open or close our trading position. Trading system intraday can enhance your benefit opportunities.

Trading system

MACD Moving average convergence divergence is used as triggers or trading signals like a buy or sell. Stochastic indicator and Exponential moving average are applied with Moving average convergence divergence to open a trading position.

Indicators :
- 5 period Exponential moving average EMA
- 20 period EMA Exponential moving average
- MACD Moving average convergence divergence
- Stochastic indicator

1. open sell trading position when the Moving average convergence divergence shows a bearish cross
2. open buy trading position when the moving average convergence divergence shows a bullish cross.
3. wait for price movements have good slope for trending market. In other words when the Exponential moving average moves horizontal we should avoid to open trading position.

Open a buy trading position
- exponential moving average indicator sloping bullish
- MACD moves uptrend crossover
- small period moving average is above the bigger exponential moving average
- stochastic indicator is in oversold area

Open a sell trading position
- exponential moving average indicator moving bearish
- Moving average convergence divergence moves downtrend crossover
- small period moving average indicator is below the bigger exponential moving average
- stochastic indicator is in overbought area