i am looking for a technique or indicator to help me filter out whipsaws in my system i am building it is sort of a guppy ema crossover system if you want to see it just make the following five emas on your chart
5-ema-colour yellow
8-ema-orange
12-ema-blue
18-ema-green
28-ema-red
when the yellow crosses over the red i take a trade, and i either close it when the yellow crosses the orange or when it crosses back over the red in the opposite direction depending on the TF i am trading. this is the basic gist of my system, if you have any ideas for filtering out the whipsaws that would be appreciated
5-ema-colour yellow
8-ema-orange
12-ema-blue
18-ema-green
28-ema-red
when the yellow crosses over the red i take a trade, and i either close it when the yellow crosses the orange or when it crosses back over the red in the opposite direction depending on the TF i am trading. this is the basic gist of my system, if you have any ideas for filtering out the whipsaws that would be appreciated