Disliked...
Let's look at the 365 EMA on the Daily chart for the Cable (GBP/USD for the newbies). Now the chart I am posting is from MetaTrader. As I mentioned before MT's charts the EMA slightly different than my GFT charts. I believe this is due to the fact that GFT's trading week starts 2 hours earlier. I find my GFT charts to be very accurate, but the MT4 charts are close enough and work out just fine. So here is the MT4 chart
Attachment
This chart is current as I write this.
To help everyone to navigate this chart here is the following...Ignored
Have been trying to duplicate your MA's on my IBFX demo (server demo1). They have a 1 hour Sunday bar at the start of the week, but I didnt think it would effect the MA's to such an extent.
Attached is a screen shot of almost the same bars as yours at post 33 with same MA's as your 25, 150 & 365.
Considerable difference in the 365 EMA, I have to crank the 365 EMA up to 442 EMA to make it match. Also notice that the 25 EMA has some different curves. Are you sure yours is EMA not SMA.
Can you confirm they are all based on the closed price for the bars.
I will have a look at MT4 on my FXDD platform. They are GMT +3 (vers IBFX using GMT). My FXDD is so painfully slow now, it occassionally stalls the whole computer. But they have no Sunday bar and overall are 1 bar shorter than IBFX for the week.
Really like the S&R trading & bit of breakout trading. If the MA's can work as active S&R, then awesome. Like your way of reconfirming them as "its now support or now it is resistance". Not sure I can handle 5 time frames though, I was more thinking just the 3. But then you have a lot more time up then me & probably a lot more consistant success.
So watching & learning here.
Right off to close down some stray screens & tempt the FXDD platform.
cheers scalpz
Target 2 : Stoploss in the green