Trading Strategies, page-5

It can be tweaked. Buying the 70 period stochastic sub 35 on MACD x is a sound strategy but will get caught on long down trends (this is where you need a trend lines instead of a trend filter) and take profits too early (this is where you need a trend filter) but above all in a normal market which is 60% of the time over five years it will make good money. Stop loss is weird ! no idea why he has it at 40% but 2x swing low will be more than fine providing you avoid long term downtrends.