I have been playing with a an old system
but added a filter
which seems to keep us out of 25-30% of bad trades
30 min charts
3 tools
1.macd normal setting : base signal
2.sar normal setting : sell/buy signal
3.20 sma : filter - mid-term trend
buy
1. macd trending up
2. 20 sms trending up or flat!
3. sar gives a buy sign
to sell
the opp.
to exit the trade
1. 20sma flatting out in the opp way
2. sar in the opp direction will be the exit signal
( I still like to trade with the day trend)
but added a filter
which seems to keep us out of 25-30% of bad trades
30 min charts
3 tools
1.macd normal setting : base signal
2.sar normal setting : sell/buy signal
3.20 sma : filter - mid-term trend
buy
1. macd trending up
2. 20 sms trending up or flat!
3. sar gives a buy sign
to sell
the opp.
to exit the trade
1. 20sma flatting out in the opp way
2. sar in the opp direction will be the exit signal
( I still like to trade with the day trend)