Kirshenbaum Bands with Sar Stochastic Trading System
Trading SystemsThe Kirshenbaum Bands with Sar Stochastic Trading System is a trend-momentum forex strategy based on Bands (as filter), Stochastic Oscillator and Parabolic Sar.
Characteristics of the system
- Currency pairs and markets: Majors, Indicies and Commodities.
- Timeframe: 15min and higher.
Indicators involved:
- Stochastic Oscillator (5,3,3),
- Parabolic Sar (0,03,-0,02),
- Kirshenbaum Bands ( filter buy above upper bands sell below lower band).
How to trade with Kirshenbaum Bands with Sar Stochastic Trading System?
Open BUY order when:
- There is an Arrow Buy (pointing up) Sar Stochastic above the upper band of Kirshenbaum Bands.
Open SELL order when:
- There is an Arrow Sell (pointing down) Sar Stochastic below the lower band of Kirshenbaum Bands.
Exit / Take Profit suggestion:
- Close your trade at the opposite arrow or at the important levels of support or resistance.
Tip: For the best result trade only in the direction of the trend.
