Disliked{quote} Hi carlostedo, Yes it does. on 4 hours chart, the MA is mapped to daily 200 MA position. so if that MA is within the RANGE (between Stoploss and profit target) of trade setup, I skip the trade.Ignored
I think your system is awesome and because it's not that difficult I like it very much. Because FDAX is also volatile which is almost normal with all Forex Pairs. I think this system will do also for FDAX and maybe other volatile indices. I want to try it also on Forex, GBP/USD and EUR/USD and maybe more. Do you have a favorable? Can you tell me something about your favorite pairs? And why do you use Daily MA 200 for skipping trades? What's better, 4H timeframe or Daily timeframe
Thanks!
Luvene
Keep it simple without too many crappy indicators!