Hello everyone. I would just like to say that I've learned so much from FF, and I'm grateful to have learned from the FF community. I work full time during the day, and I have a family also. The only time that I have to trade is when I get home from work. I've tried several short term strategies, but I wound up losing more than I made. I was determined to find a method that was profitable and that didn't require several hours in front of my computer. I developed this method based on peterM's 5/8 ma cross method and DubaiTrader's slope direction method. This is a long term trading method and was not designed for scalping. This method is still in its early stages of development so bare with me. I've done some visual backtests across several pairs with this method and was amazed at the results. The sweet thing about this method is that I only have to check my computer once a day. Ok, let's get down to business.
Pairs: Any
Time frame: Weekly/Daily
Tools:
1) rsi 8 set level to 50
2) macd (12,26,9) set level to 0
3) slope indicator set one at 15,3,0 and the other at 30,3,0
4) Ma colored indicator set to 50,0 or a 50sma set to close
5) Monthly pivot indicator (page 5 post #75)
6) Trend lines
7) 2MA crossover indicator settings: 5ema close and 8ema open. cross up symbol 233 cross down symbol 234 (modified version page 19 post 271)
8) Fractals indicator
Your weekly and daily charts should look like these:
Pairs: Any
Time frame: Weekly/Daily
Tools:
1) rsi 8 set level to 50
2) macd (12,26,9) set level to 0
3) slope indicator set one at 15,3,0 and the other at 30,3,0
4) Ma colored indicator set to 50,0 or a 50sma set to close
5) Monthly pivot indicator (page 5 post #75)
6) Trend lines
7) 2MA crossover indicator settings: 5ema close and 8ema open. cross up symbol 233 cross down symbol 234 (modified version page 19 post 271)
8) Fractals indicator
Your weekly and daily charts should look like these: