DislikedHi Naijafx,
Thanks for the heads-up. I have taken the U/Chf but based upon the next biggest swing, since th one in your post retraced too far.
I have 2 questions :
1. The stochastic used in the Dazfx method, is it simple or exponential , isand is it close/close or low/high ?
2. I think the 'traffic lights' in your chart look good. What is the indicator and what is it showing . That is which MACD, and which EMA and what is STR?
Thanks,
IanIgnored
Mike kindly posted my chart to the thread as an update, so i guess i'd better answer the questions.
1/. I use the exponential and close/close, as a personal preference.
2/. Someone kindly gave a link to the traffic lights in the room the other day. I've attached it here for you....not sure i'll keep it on my template for much longer, it ends up confusing me more than helping to be honest, and isn't part of the strat anyway.
HTH
Attached File(s)
tendance_v2.ex4
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