I'm thinking along the same lines as you for a filter.I have a 72EMA on my chart .If trade is against the trend, I'm waiting for price to close 10 pips past the Bat line and then waiting for price to move past this closing price on the next candle. This seems to eliminate a lot of bad trades if you go back and look at 2006.Teamaphid, could you help me decide if my filter would produce better results? Thanks
- | Joined Nov 2006 | Status: MT4 EA Coder Since 2006 | 300 Posts
MT4 EA, Indicator and Alert Coder Since 2006