Hello
I've read something about Phil Neil system; it sounds very good, even if i have to understand something more. I'm trying to add some of my personal indicator. Do you use other indicator with macd?
I've attached an image :there are trades i've made in demo mode using Phil's system with my indicator: I look at macd and enter when my indicator is oversold (if buy) and overbought (if sell) - I compare signals with same indicators but other length. The bars with green vertical line are buy bar at close, bars with other vertical line are sell bar at close. Stop loss is always 50 pips and profit take depends on other indicators. What do you think?
Thanks
I've read something about Phil Neil system; it sounds very good, even if i have to understand something more. I'm trying to add some of my personal indicator. Do you use other indicator with macd?
I've attached an image :there are trades i've made in demo mode using Phil's system with my indicator: I look at macd and enter when my indicator is oversold (if buy) and overbought (if sell) - I compare signals with same indicators but other length. The bars with green vertical line are buy bar at close, bars with other vertical line are sell bar at close. Stop loss is always 50 pips and profit take depends on other indicators. What do you think?
Thanks
Attached Image