DislikedHello everyone...and thanks, EndRoute for sharing this method. I've read through this thread, but not every post, so if the following question has already been answered, please feel free to let me know.
I have found that a 5/13 ema cross usually happens once price has already come back through the outer green COG and sometimes already back to the blue middle line. Am I right in assuming that a "proper" MA cross can only be validated once the bar closes? If so, I have found that most of the ema crosses are validated a little bit late into...Ignored
IMHO the COG only serves as a trend direction filter while everyone should know a trend is established and in progress as long as we can identify higher highs and higher lows and vice versa. In case of an uptrend, as soon as we see a lower high and consecutively a lower low, there's a big chance we're dealing with a trend reversal.... Therefore working with a smaller timeframe combined with a trendline break would give far better entries.
Happy Trading,
Cheers
Peter a.k.a. Dutchie