MY NEW IDEA.
Find the trend.In my view a new trend is when the 20 SMA XOVER the 100 SMA .
Pullback is only valid after my trend xover is printed.In my view pullback is when the price retest the KC and or the 8 STOCH fall below the 50 level from above for buy signals setting up.
Trigger:You need to find the best point to enter after the pullback.
Any idea can be changed ,so your own inputs are ok here.
Any time frame
100 SMA
KC with SMA set at 20
cross dots indicator set to 100 and 20
stochastic indicator with period 34,3,3
stochastic indicator with period 8,3,3
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Buy set up 20 SMA closes above 100 SMA (if a green dot appear that confirm n strong buy set up ,but you do not need to wait for a green dot)
stochastic indicator with period 34,3,3 and stochastic indicator with period 8,3,3 are above the 50 level.
Wait for price to pullback to retest KC and stochastic indicator with period 8,3,3 to fall below the 50 level.
After the setting up what is the best trigger to enter the trade?Where can we place our stoploss and take profits?
.
for sell market orders inverse rules.
Find the trend.In my view a new trend is when the 20 SMA XOVER the 100 SMA .
Pullback is only valid after my trend xover is printed.In my view pullback is when the price retest the KC and or the 8 STOCH fall below the 50 level from above for buy signals setting up.
Trigger:You need to find the best point to enter after the pullback.
Any idea can be changed ,so your own inputs are ok here.
Any time frame
100 SMA
KC with SMA set at 20
cross dots indicator set to 100 and 20
stochastic indicator with period 34,3,3
stochastic indicator with period 8,3,3
=============
Buy set up 20 SMA closes above 100 SMA (if a green dot appear that confirm n strong buy set up ,but you do not need to wait for a green dot)
stochastic indicator with period 34,3,3 and stochastic indicator with period 8,3,3 are above the 50 level.
Wait for price to pullback to retest KC and stochastic indicator with period 8,3,3 to fall below the 50 level.
After the setting up what is the best trigger to enter the trade?Where can we place our stoploss and take profits?
.
for sell market orders inverse rules.
As with any system or strategy, it is not 100%