Go LONG when the candlestick in view closes and touches, or cuts the lower Bollinger band, and the Stochastic cross upwards at or below 25. Place a MARKET BUY order at the open of the next candle. The signal is reinforced if the market is at a support level (hence the use of the Auto pivot software to plot the support and resistance lines).
SELL SETUP:
Go SHORT when the candlestick in view closes and touches or cuts the upper Bollinger band, and the stochastic oscillator cross downwards at or above 75. Place a MARKET SELL order at the open of the next candle. The signal is strengthened if the market is presently at a resistance level.
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