Hi..
I am starting to build my own trading system, according to my trading style. However, I need some advices about, indicators you use and combine, to detect:
- trend direction
- trend strength
- possible trend turning points
- entry signals, exit signals...
- ... etc
Now I am experimenting mostly with stochastic (entry points) and moving averages (trend detection). The results are not so bad, but there are still too much negative trades (or false entry signals) and obviously large drowdowns.
Well, I would like to filter out these negative trades...?! And for this reasons I am searching for ideas and advices.
Thanks
I am starting to build my own trading system, according to my trading style. However, I need some advices about, indicators you use and combine, to detect:
- trend direction
- trend strength
- possible trend turning points
- entry signals, exit signals...
- ... etc
Now I am experimenting mostly with stochastic (entry points) and moving averages (trend detection). The results are not so bad, but there are still too much negative trades (or false entry signals) and obviously large drowdowns.
Well, I would like to filter out these negative trades...?! And for this reasons I am searching for ideas and advices.
Thanks