Ranger

Indicators:

• Parabolic SAR (0.04, 0.1)

• Stochastic (5, 5, 5) with levels: 75 and 25

Key conditions:

This strategy applies to timeframes of M15 and above. Parabolic SAR movements caused by gaps or speculative activity should not be considered as valid signals. Stop Loss is set at the most recent local high or low, but it should not exceed 20 points. Take Profit is set at 2 to 3 times the Stop Loss, with trailing set at 20 points. Entry occurs at the opening of the next candle following the signal candle.

BUY conditions (all conditions must be met):

• Stochastic lines cross in the zone below 25 and turn upward.

• Parabolic SAR is positioned below the price.

SELL conditions (all conditions must be met):

• Stochastic lines turn downward from the overbought zone (above 75).

• Parabolic SAR is positioned above the price.

Exit criteria:

Exit the trade when the Stop Loss or Take Profit is hit. Alternatively, close the trade if the Stochastic reaches the opposite zone (above 75 for BUY or below 25 for SELL) or if a gap in the Parabolic SAR appears.

Exercise:

Open a chart with a timeframe of M15 or higher. Apply the Parabolic SAR indicator with settings (0.04, 0.1) and the Stochastic indicator with parameters (5, 5, 5) and levels 75 and 25.

For a BUY trade, confirm that the Stochastic lines cross below 25 and turn upward, and that the Parabolic SAR is positioned below the price. Enter the trade at the opening of the next candle and set the Stop Loss at the most recent local low, not exceeding 20 points.

For a SELL trade, confirm that the Stochastic lines turn downward from above 75 and the Parabolic SAR is positioned above the price. Enter the trade at the next candle and manage the Stop Loss and Take Profit similarly. Exit the trade when the specified criteria are met.