I conservative buy signal is seen at point of contact of the two stochastic lines under 20 on the scale set to 15-5-5.
A smart exit is then made by then changing the setting to 5-3-3 by just watching the direction of the fast black line, normally a move to flat intra-day points to the start of profit taking. I never hold if actual over 80 contact is made intra-day.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.