“Ferrum” strategy. AUDUSD pair
- Always I begin with a big picture. I draw the channel on the 1d chart. On graphics it is visible as the price twists round the fat red line (control price), always I draw it the first. Further in parallel i draw the top and lower borders of the channel. By blue color the channel on the 4H chart is represented, I will draw it in the following step.

2. I pass to the 4H chart and I draw the channel on it. Again at first I draw Control Price (blue fat), and then in parallel the top and lower borders of the channel.

3. In the first two points we traced the direction and borders of a trend. Now we pass directly to strategy:
3.1. I use Heiken Ashi candles.
3.2. I use the Stochastic Oscillator (13,3,3)
3.1. It is necessary for us that the price was in the lower part of the channel (since a trend up in our case) which we drew on the 4-hour chart.
3.2. I wait when the price punches 100sma (simple moving averege) up, and then again to fall by it to make a start further up. On graphics lower it is visible as green candles of Heiken Ashi pass through red 100sma, then red candles come back to 100sma and there is the first green candle. I wait for final formation (closing) of a green candle. It is necessary for me that with the advent of a green candle there was a turn on the stochastic oscillator.

4. I pass to the 5-minute chart. On this chart we will trade entry. On graphics we see the vertical line, into this timepoint we passed to the 5-minute chart. Further I wait when green candles are replaced on red (there will be a correction) and after red candles again there will be a green candle. And if with the advent of a green candle the stochastic oscillator reaches a zone of an oversold and will be deployed, this green candle is an entry point. I put stop below the previous red candle.

5. Trade exit. I use 3 options of exit.
The first option when the price passes for 100 sma.

The second option of an exit when the price it is passed lower than 100 sma, then will return to 100sma and will make a start from it to go below.

The third option of an exit when the price will reach to control price (or upper channel line) of 4h chart.