Greentruck,
Four things...:
1) When the good guys refuse to post, it only leaves the bad guys. You should have posted.
2) I do not use the thread indi. The indi I use is privately coded with my own custom algorithms, so my boxes are not always the same as yours. FWIW, my indi is just much more selective, which keeps me from over trading like I was reminding Fractal a couple of pages back.
3) Yes, the EMA filter can repaint as you switch around your charts. There's no way around this; this is a permanent feature of using a moving average. If you don't like this, then you can either change to Bar Close, or use Bar Close and EMA together. If you still want to use it, then forward test with a larger value and see if that helps. Trades will take longer to open with EMA5 than EMA3, for example, giving a little more time for Price to pick a direction.
4) Losses are part of the game. You MUST lose some trades, or else the world would run out of money just paying you off. And where would that leave the rest of us? SSBO is for short term trades, but it is meant for long term traders. If your winners over the course of a calendar year bring in 20,000p... and your losers take back 13,000p... then you are still ahead 7,000p. So stop losing sleep over the -13,000 and focus instead on your yearly profits.
Finally, for someone that has read the thread 4 times, your questions are very noobish. Because they have already been answered several times. So either you are lying, or you don't retain information very well. For the sake of argument I will give you the benefit of the doubt. But before you go in for #5, you need to start your diary. Because what you need isn't more reading, it's more knowing. And a trading diary will give you that. Good luck!
EDIT: It looks like I'm talking to myself, but I'm not - honest! LOL Greentruck just deleted all 3 of his posts that I was responding to. I could go ahead and delete it as well, but it has some general info that others might find helpful, so I'll leave it up.
Four things...:
1) When the good guys refuse to post, it only leaves the bad guys. You should have posted.
2) I do not use the thread indi. The indi I use is privately coded with my own custom algorithms, so my boxes are not always the same as yours. FWIW, my indi is just much more selective, which keeps me from over trading like I was reminding Fractal a couple of pages back.
3) Yes, the EMA filter can repaint as you switch around your charts. There's no way around this; this is a permanent feature of using a moving average. If you don't like this, then you can either change to Bar Close, or use Bar Close and EMA together. If you still want to use it, then forward test with a larger value and see if that helps. Trades will take longer to open with EMA5 than EMA3, for example, giving a little more time for Price to pick a direction.
4) Losses are part of the game. You MUST lose some trades, or else the world would run out of money just paying you off. And where would that leave the rest of us? SSBO is for short term trades, but it is meant for long term traders. If your winners over the course of a calendar year bring in 20,000p... and your losers take back 13,000p... then you are still ahead 7,000p. So stop losing sleep over the -13,000 and focus instead on your yearly profits.
Finally, for someone that has read the thread 4 times, your questions are very noobish. Because they have already been answered several times. So either you are lying, or you don't retain information very well. For the sake of argument I will give you the benefit of the doubt. But before you go in for #5, you need to start your diary. Because what you need isn't more reading, it's more knowing. And a trading diary will give you that. Good luck!
EDIT: It looks like I'm talking to myself, but I'm not - honest! LOL Greentruck just deleted all 3 of his posts that I was responding to. I could go ahead and delete it as well, but it has some general info that others might find helpful, so I'll leave it up.
To improve is to change. To perfect, is to change often.