What do you think about this ???
Only 20 EMA on the daily chart.
The price break the EMA from under verse above is LONG signal STOP loss is "x" pips mine at the valor of the EMA.
Price break the EMA from above verse under is SHORT signal STOP loss is "x" pips plus at the valor of the EMA ("x" pips depends of the cross... )
When the trade go positive, the stop move at the valor of the EMA.
So simple and the risk is more more contained.
Only 20 EMA on the daily chart.
The price break the EMA from under verse above is LONG signal STOP loss is "x" pips mine at the valor of the EMA.
Price break the EMA from above verse under is SHORT signal STOP loss is "x" pips plus at the valor of the EMA ("x" pips depends of the cross... )
When the trade go positive, the stop move at the valor of the EMA.
So simple and the risk is more more contained.