Short-term strategy for RSI, MACD, MA and Stochastic

Intraday trading strategyThe following indicators are used on the 10-minute charts: WMA(5), SMA(10), Stochastic (5, 3, 3), RSI(14), MACD (by default). If you want to trade this method on 5-minute charts, you will need to double the parameters of all the indicators: WMA(10), RSI(28), etc.

Marketplace: ;
Currency pairs: any;
Timeframe: from M5;
Indicators : WMA, SMA, Stochastic, RSI, MACD;
Trading time: from 8:00 a.m. to 12:00 p.m. MSC;
Strategy: intraday;
Protective orders: StopLoss.

Rules of the trading strategy

Add the above indicators to the 10-minute chart. The trades are opened only between 8:00 p.m. and 12:00 p.m. Moscow timeframe.

Buy signal is formed when the WMA(5) crosses the SMA(10) downwards, Stochastic gives an up signal, the value RSI indicator is greater than 50, the MACD histogram is greater than 0, and the MACD averages are crossed upwards.

Sell signalWhen the WMA(5) crosses the SMA(10) from top to bottom, the Stochastic gives a down signal, the RSI is less than 50, the MACD histogram is less than 0, and the MACD averages are crossed down.

Profit Take near key levels: quotes end at 00, 20, 40, 60, 80. The level StopLoss: 25 pips.

An example of a trading strategy

Sell signal on EUR/USD. Обратите внимание, что WMA(5) ушла под SMA(10) еще в 17:00 МСК. Стохастик — вниз, RSI ниже 50, MACD indicator shows downward. A clear signal to sell, take profits at key levels.

Buy signal on EUR/USD. Пересечение скользящих средних 5/10 — наверх, Стохастик — вверх, RSI выше 50, MACD пересеклась наверх при гистограмме выше 0. Берем прибыль на ключевых уровнях.

Sell signal on EUR/USD. Обратите внимание, что WMA(5) ушла под SMA(10) еще в 17:00 МСК. Стохастик — вниз, RSI ниже 50, MACD показывает вниз. Четкий сигнал на продажу, берем прибыль на ключевых уровнях. Заметьте, что пара прошла ниже, до следующего ключевого уровня.

Buy signal on EUR/USD. Пересечение 5/10 — наверх, Stochastic — вверх, RSI выше 50, MACD пересеклась наверх при гистограмме выше 0. Берем прибыль на ключевых уровнях.

During the same session a sell signal also appeared. The pair passed through several levels of profit taking.