Here are my trading rules for the modified David Larew "WooHoo" 60min SPX chart. Main signal is line cross Slow STO (89,21) Confirmation is made by BOTH RSI cross 50 and STO-RSI40 cross .5 MACD slope direction of trade and near 0 is a good thing **930 Duma rule applies here** EOD signals you can take, be aware you will have gaps for and against you. Stop 5% 3X ETF's...930 bar..I will give a gap(against me) a little time to reverse .5-1%leeway off the open
Exits: Main signal is when the ema9 crosses the ema14. Also look for the ema6 to cross either. Then the confirm is when 2 of the 3 Index trio (RUT/SPX/QQQ) prices cross the 25sma Cover half or all when above happens. No set rules to move up stop but when the MACD peaks is one good area to do so. I also use the PSAR to take profits/move stops. If the SPX closes below the 25ma and the PSAR has been triggered then cover at the end of that bar. Also if the opposite entry occurs, close and flip trade the other way.