Trading on Stochastic signals
This setup uses full stochastic (14, 3, 3) indicator and can be used for any currency pair in any time frame. Entry rule 1: LONG when Stochastic crosses below 20, reaches 10 and then crosses up through 20. Entry rule 2: SHORT when Stochastic crosses above 80, reaches 90, and t...
This setup uses full stochastic (14, 3, 3) indicator and can be used for any currency pair in any time frame. Entry rule 1: LONG when Stochastic crosses below 20, reaches 10 and then crosses up through 20. Entry rule 2: SHORT when Stochastic crosses above 80, reaches 90, and then crosses down through 80. You could exit your trade when Stochastic reaches the opposite side (i.e. 20 for SHORT and 80 for LONG). It is better to use Stochastic along with other indicators to avoid false entering signals. 
Risk Disclosure & Testing
Past performance of any trading strategy is not indicative of future results. Always backtest and forward test this strategy on a free demo account before committing real financial capital.
Practice This Strategy on a Live Demo
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