Dow trade from earlier today in the morning, after I got out it went another 100+ points or so, before the fall.
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DislikedHi lostkiwi , I well received your PM . We can speed up the signal using median price (High+Low)/2. We cannot change the Low price by High price and vice versa. Because it happens that: the High 8 Ema either above the High 200 Sma and at the same time the Low 8Ema is below Low 200 Sma. Check V2 Version . {image} {file}Ignored
DislikedPulled off a quick scalp. Would have exited closer to PDL but was fiddling around with MT4 trying to figure out trailing stops/partial profits before I gave up. I had a question about the channel trade types: From what I can tell the mechanics of the trade for channel cross and channel failures are the same. I'm deciding short/long positions based on which side of SMA we're on, RSI and MTF and looking for entries relative to the channel. How exactly does the channel cross vs failure affect my trade setup? {image}Ignored
DislikedNasdaq one losing Long but a nice short through Previous High to 200ma. {image}Ignored
Disliked{quote} Looks like you go Long and Short irrespective of whether the channel is above the SMA or not. Is that correct?Ignored
Disliked{quote} Looks like you go Long and Short irrespective of whether the channel is above the SMA or not. Is that correct?Ignored
DislikedNasdaq one losing Long but a nice short through Previous High to 200ma. {image}Ignored