{quote} I modified the indicator for my liking. Here it is. To answer your questions: 1- Once I am in a trade, I follow my rules. Bringing my stop loss to breakeven when in profit at half my risk and closing the trade when MACD crosses back the zero line should take care of many situations going the wrong way, with a small loss or gain. 2- The currency strength meter I am showing is simply another way to confirm the big picture. I rely firstly on the cross of the Donchian midlines on the higher timeframe and trade accordingly. Most of the times...
2. Does that mean you only look for bullish hidden divergence when the 26 period middle channel crossed/is above the 130 period middle channel and vice versa for bearish setups?
3. Fair enough
And a question (sorry to bother you, thanks for answering them btw), on the last example of the smaller timeframe: the macd crossed below 0 before moving up, would you not have exited the trade there (at a small loss as you stated before as a sort of "rule")? Or would you have exited and then re-entered on the second arrow up?
Thanks in advance Chamane, and greetings from Amsterdam,
TheJube.
