Well been simplifying the system, too many lines, too confusing, too much conflicting info.
So whats Important ???
A. The CURRENT Direction.
How do we see this on a M1 chart.
A. 20SMA.
so 3EMA ( Smoothed price line ), 20SMA ( Envelope 20,0.20% to been highlight direction ) , 60sma as a longer trend change line.
Easy, below 20sma and market in a trend time zone ( The last hour ), hold short and vice versa.
I'm trying to pick bottoms and tops again, in a trendy market = account death!!
Why / how I slipped back to this is another question after a good run, most annoying
So whats Important ???
A. The CURRENT Direction.
How do we see this on a M1 chart.
A. 20SMA.
so 3EMA ( Smoothed price line ), 20SMA ( Envelope 20,0.20% to been highlight direction ) , 60sma as a longer trend change line.
Easy, below 20sma and market in a trend time zone ( The last hour ), hold short and vice versa.
I'm trying to pick bottoms and tops again, in a trendy market = account death!!
Why / how I slipped back to this is another question after a good run, most annoying
Nothing to it, but to do it!!! Stick to the plan FOOL!!!!