- 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 ... Overbought: A buy signal is generated when the first screen is in an uptrend and the K-line crosses up the D-line below 20.
- Screen 3 (30 Minute Time Frame): High/Low Pivot & 21 & 50 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.