- Screen 1 (1 Day Time Frame): MACD Histogram
... A bearish trend is indicated when the MACD histogram decreases 3 times in a row and the most recent MACD histogram is less than 0.
- Screen 2 (45 minutes Time Frame): Stochastic
... Oversold: A sell signal is generated when the first screen is in a downtrend and the K-line crosses down the D-line above 80.
- Screen 3 (30 Minute Time Frame): 12 & 26 Moving Averages
- A bearish trend is indicated when the ema 12 crossunder the ema 26 moving averages.
- Stop Loss:
... A stop-loss order for a bearish trend is placed at the highest price of the red day candle.
... The stop-loss order is trailed down as long as the bearish trend is in place.
... A bearish trend is indicated when the MACD histogram decreases 3 times in a row and the most recent MACD histogram is less than 0.
- Screen 2 (45 minutes Time Frame): Stochastic
... Oversold: A sell signal is generated when the first screen is in a downtrend and the K-line crosses down the D-line above 80.
- A bearish trend is indicated when the ema 12 crossunder the ema 26 moving averages.
- Stop Loss:
... A stop-loss order for a bearish trend is placed at the highest price of the red day candle.
... The stop-loss order is trailed down as long as the bearish trend is in place.