You can use whatever you want. In this example, I've applied a 20 ema to each datastream, but you could use sma, hull, weighted etc, etc and for any duration you want.

You can do it in Tradestation by having 4 datastreams in 1 window. I've then hidden the candles otherwise you wouldn't be able to see the moving averages clearly, in this case blue for EURUSD, red for GBPUSD, green for GBPJPY and magenta for EURGBP. ...

I'm sure that I can take out of this screenshot more than I am at the moment, encapsulating it in a rules based approach would I am sure be useful.

Strat, Could I just check my understanding of your USDCAD trade. Price had broken above the highs of the London session so you were looking for a continuation long, (supported also by the fact that the 200 ema which had been acting as resistance had ...

Hi Strat, Presumably, this would be a good example of a valid setup when all 3 timeframes aligned which led to a sustained move to the upside. I've managed to obtain a shadow indicator for Tradestation which is my preferred charting platform (as I ...

If you are going to participate on this thread with PASR, please use PASR terminology. It is a WEEKLY CONTROL CANDLE. A "control bar" is very ambiguous and could mean many different things. Apologies, I was intending to refer to WCC's consistently ...

Let me take a stab at this but before Strat tells me I'm talking bollocks, I am aware of that possibility as I have not yet read nearly enough of this or the original thread. I am thinking that the weekly bar closing 12th January 2018 (black ...

No problem:-

If you wait for 3 timeframes to align you will generally be late to the party.

This is where we are at the moment.

Hi Yoki, All in all, it looks a bit confused to me. Firstly, 200 ema's are relatively flat on daily, weekly & monthly charts with price testing from below on the weekly but from above on the monthly. And the 20 is above the 50 on the weekly but ...

I might have got my terminology misaligned. Isn't a bullish pinbar a hammer?

Hello Strat. Just noticed this one on USDCAD 60 min. Bullish pinbar from support, target daily resistance. Is this one you would take?

Very interesting Strat, I've done a bit of back testing and came across this nice example on USDCAD from September off Monthly support. I initially thought that the trigger would have been the hammer on the 8th September but looking more closely, ...

Interesting, clear divergence there as well.

Hi Pharley, I think on this one there were clear signs of exhaustion after 2 consecutive divergences.

That is my point. This is the trade that TS is in and he implied that he was still in it having set a 5 pip trailing stop. I can't understand why he wouldn't already have been stopped out a +1 according to the rules.

Another question I'm afraid, I was wondering why this would not have been a +1 trail out.

Hello TS, I was wondering, would this not have been trail stopped at +5 after price reached +10 and then retraced?