Dislikedmy EMAs are not stacking up.. pls see attached. 48 EMA is well above the 6 and 12.Ignored
this is how my chart looks like
DSS Scalper forex System 2 replies
15 min indicator on 5 min chart 3 replies
$ 2.4 Billion Scalper System 13 replies
DislikedI am using the IT Finance platform , not MT4 and was uisng their MA type called DEMA. JUst now I tried the normal MA indicator and set the type to 'Exponential' and now it looks as same as yours !!
Dotted red line is the new 48 EMA and full red line is the 48 DEMA. Probably DEMA means Dynamic EMA?? Thanks for your help. I must have missed many opportunities in the past coz of this but then again it seems that DEMA does a good job to get rid of a noisy trend :-) as we can see here.
BTW, I made 40 pips today in London session on Euro and cable...Ignored
DislikedI did read the your message....thanks
the problem will be I need to use large SL...
let see how things work outIgnored
DislikedIt was before london open but I saw a setup forming and was anxious to try out the system. I hope the attachments look alright. I took profit a few pip before S1.
And now it's bedtime. It's 3am here. I hope I don't make this a habit, lol.Ignored