How to set the buy/sell trade stop when STC cross over 80/20 one time or 2 times?
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How to set the buy/sell trade stop when STC cross over 80/20?
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@wyfchrsis said in How to set the buy/sell trade stop when STC cross over 80/20 one time or 2 times?:
How to set the buy/sell trade stop when STC cross over 80/20?
For more detail, i want to use STC to stop the trade, e.g. buy trade, when STC fast line downward cross over slow line on the 80 area, then the buy trade leave or when STC fast line downward cross over slow line 2 times on the 80 area, then buy trade leave.
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@wyfchrsis Not sure I fully understand. Do you mean closing an open trade or avoiding to open a buy trade?
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@l-andorrà just for closing the open trade only. thank you
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@wyfchrsis My question really would ask if you are assuming that the Stochastic is >80 is overbought, and <20 is oversold. There is conflicting info out online that says that this is so, but there is also information out there to not get caught up in this philosophy for this indicator. This leads me to your next question: are you thinking that when the Stochastic is <80 you stop all buys and > 20 you get out of all sells?
It sounds like that is the case for what you are describing above. Is that right
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@wyfchrsis You can try this for closeing buys:
https://fxdreema.com/shared/dKnweCVN
However, Len1 is right. Are you sure that's the condition you need?
