Stocks Program

One of the main stocks part of a stocks plan is your stocks program. A stocks plan is the stocks tool which a trader will use to determine and plan all aspects of their trading. A stocks plan will have a written stocks system that a trader follows & the stocks journal rules trading rules among others.

Within this stocks plan a stocks plan will also write down the stocks program that a trader will follow while trading the stocks markets.

Here is the stocks program that you can follow form this stocks plan

TIMEFRAMES

• Main time frame for trading is the 1Hour.
• Stocks Signals are generated on the 1Hour timeframe.
• Stocks Trade Signals generated should be supported by 4Hour timeframe.

4H

• Stocks Trend Lines (Support and Resistance)
• 5 & 7 Simple Moving Averages
• MACD (12, 26, 9)
• RSI (14) +Support & Resistance
• Parabolic SAR

1H

• Stocks Trend Lines (Support and Resistance)
• 5 & 7 Simple Moving Averages
• Stochastic Oscillator (14, 4, 7)
• RSI (14) +Support & Resistance
• Bollinger Bands (20, 2)
• Parabolic SAR

RULES

LONG ENTRY

1H

1. Both MAs are moving Upwards
2. Both Stochastics are moving Upward
3. RSI above 50
4. Parabolic SAR is below the stocks price (Support)

4H

1. Both MAs are moving Upwards
2. Both Stochastics are moving Upward
3. RSI >->50

LONG EXIT

1. RSI gives opposite signal
2. Stocks Price breaks Support Stocks Trend Line
3. Parabolic SAR is hit (Trailing Stop)

RULES

SHORT ENTRY

1H

1. Both MAs are heading Downward
2. Both Stochastics are heading Downward
3. RSI below 50
4. Parabolic SAR is above the stocks price (Support)

4H

1. Both MAs are moving DOWN
2. Both Stochastics are moving DOWN
3. RSI below 50

SHORT EXIT

1. RSI gives opposite signal
2. Stocks Price action breaks Support Stocks Trend Line
3. Parabolic SAR is hit (Trailing Stop)

TRADE ROUTINE

1. Stocks Signals are generated using 1H timeframe.
2. Stocks Signal to be executed immediately rules are met.
3. Entry stocks alert signals should be executed during daytime.

TIME OF DAY TO WATCH MARKET - Stocks TRADING HOURS

Watch market during daytime when most stocks companies and online stocks brokers are open for trade transactions. Use this to come up with a suitable Stocks program.

The best stocks hours when markets overlap that will form the best stocks times are between 8:00 GMT and 18:00 GMT when most of the major stocks sessions overlap. Stock Market Hours and Best Stock Hours

stock trading program - best stock trading hours