I know some of you guys are wondering why I have a stop loss. When trying to catch a trend you have to have a stop loss above or below the 200 EMA in an early trend and once the trend has developed you can target 50EMA for the SL if you are trying to add or get into the trend after it developed. This needs time to master though.
Guys,there is one more thing that I use and forgot to say, if someone is interested to try, this is helper for me, but not rely 100 percent on it so still testing phase ...Can be used in trend ,reversals....cpfleger use 6lwma shifted 2 for triggering ,if someone want, try this indicator https://www.forexfactory.com/thread/...0#post14054200 with default settings (period 24 price 0) and channel inside ema 8 hi/lo ,when channel is stabilised,and lsma indicator "hug"price nicelly with good shape, even price retest lsma ,can be a good helper, at least sometime for me...
Chucun,
Mine is a bought EA years ago, josh1111 and I had the conversation a few weeks in this stream and I was told you can find a free version somewhere on the Internet but I have not looked.
cpfleger
Chucun, Mine is a bought EA years ago, josh1111 and I had the conversation a few weeks in this stream and I was told you can find a free version somewhere on the Internet but I have not looked. cpfleger
M1 Countertrend Scalping Strategy
