Hi kostas1, say thanks for Clay from me for this beautiful simple system.
First I want to say sorry for bad English, Its not my native language.
I know this dance system are not using EMA5 anymore, but Im still using it, especially for looking some decent retracement in higher 1H TF or more (15-50 pips)
, as you can see on the image, its GBP-USD on uptrend move, you can see bars on 1HTF (I rectangled it) are getting too far from EMA5 line, even the shadow bar can't touch the EMA5 line, but the next following bars or some time that bar it self always come back to EMA5 line and following it (just like railway). We can use it as retracement pips projection in the lower TF and getting some pips also.
But maybe Clay have another consideration to removed it, for good reasons?
First I want to say sorry for bad English, Its not my native language.
I know this dance system are not using EMA5 anymore, but Im still using it, especially for looking some decent retracement in higher 1H TF or more (15-50 pips)
, as you can see on the image, its GBP-USD on uptrend move, you can see bars on 1HTF (I rectangled it) are getting too far from EMA5 line, even the shadow bar can't touch the EMA5 line, but the next following bars or some time that bar it self always come back to EMA5 line and following it (just like railway). We can use it as retracement pips projection in the lower TF and getting some pips also.But maybe Clay have another consideration to removed it, for good reasons?
Going where the money Flow
),
I took some partial profit earlier but left a small chunk to run, and it did for my largest pips gain yet.
