Trendman, thank you for sharing this great system. It's powerful and profitable.
I am very interested in it.
Happy trading
I am very interested in it.
Happy trading
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DislikedTrendman just to let you know the template i've got for the 5min from post 1 has got 20 ema, 62 ema but then the 57ma is an SMA instead of an EMA, is this a mistake?
Dont quite see how the MA's will stack properly, i thought something was wrong just by looking at the MA's as the black one (57 sma) seems to be lagging and although the trend on EU is up at the moment, the ma's are stacked incorrectly
Should this be changed to a 57 EMA instead of the SMA? Many thanksIgnored
DislikedHello Trend man
I am pleased with your system, even though we cannot follow all the rules all the time, but the system gives a very good indication about what is required to trade properly.
1. Trend direction
2. Momentum
I use your
i)...Ignored
DislikedSurprisingly, on this monday holiday we are some seeing some considerable momentum northward.
This is especially odd considering that on the 5m, 62 has dropped below the 57 a good while back.
Interesting to say the least.
revrobwimbIgnored
DislikedHello Trend man
I am pleased with your system, even though we cannot follow all the rules all the time, but the system gives a very good indication about what is required to trade properly.
1. Trend direction
2. Momentum
I use your
i) EMA/SMA for overall trend on the currency (20/62/57) to gauge long term up or down strength
ii) 5 mins trix or 5 mins macd for direction depending on what ever gives me the confidence to know the short term trend.
iii) 1 min trix and macd for momentum and I enter in the direction when there is a cross up (MAKE...Ignored