TD,
Thanks for sharing your system!
Questions:
Sorry...but I am confused...
(1) Is the valid crossover 3EMA/22SMA? Or is it 3EMA/8SMA? Entry made at that point? Only long trades with price above the no-trade zone, and only sell trades with price below the no-trade zone?
(2) Do you wait for the 1 minute candle to close before making a trade entry? Or do you place your trade immediately when the crossover occurs?
(3) Would adding the ADX indicator with a threshold signal of 25 or more indicating a trending market help keep us out of the chop?
(4) Best trading times London and New York sessions?
Good Trading!
Bob in Wisconsin
Thanks for sharing your system!
Questions:
Sorry...but I am confused...
(1) Is the valid crossover 3EMA/22SMA? Or is it 3EMA/8SMA? Entry made at that point? Only long trades with price above the no-trade zone, and only sell trades with price below the no-trade zone?
(2) Do you wait for the 1 minute candle to close before making a trade entry? Or do you place your trade immediately when the crossover occurs?
(3) Would adding the ADX indicator with a threshold signal of 25 or more indicating a trending market help keep us out of the chop?
(4) Best trading times London and New York sessions?
Good Trading!
Bob in Wisconsin