STC Trading System is a trend momentum forex strategy that is based on the Schaff Trend Cycle with Slow Stochastic.
The Stochastic along with the STC indicator gives you information on both long term and short term market trend direction. Altogether they reflect a moving estimate of the market direction based on a daily chart while keeping the short term characteristics of hourly price action movement.
The combination of these two indicators results in STC Trading System – a perfect formula for trading the forex market in the direction of the main trend. There are however some situations when you can try trading against the trend, spotting a retracement, or expecting the major change in market direction.
Metatrader Indicators included:
Schaff Trend Cycle (30, 24, 48);
Stochastic (78,78, 1);
Timeframes: 15min or higher.
Currency pairs: Majors.
Indicies: S&P 500, Nasdaq, DAX, FTSE.
How to trade with the STC Trading System?
Remember, trade with the trend with the STC Trading System.
Open long trade when the following conditions are met:
FX Arrow buy confirmed by Stochastic line above the signal line and Schaff Trend Cycle is above the level 25.
Open short trade when the following conditions are met:
FX Arrow sell confirmed by Stochastic line below the signal line and Schaff Trend Cycle is above the level 75.
Proper money management is the key to success with STC Trading System and also any other forex strategy. We recommend to risk maximum of 1% per trade and 4% total on all currency pairs you’re trading. If you are trading only one calibrated pair, you can trade at 4%. If you are trading two calibrated pairs, you can trade each at 2%. If you are trading 3 calibrated pairs, you can trade each at 1.33%. At last, if you are trading 4 calibrated pairs, you can trade each at 1%.
STC Trading System Free Download.
To download the STC Trading System for Metatrader 4 (MT4) for free just click the button below: