i have tried to start trades with a trend, now i prefer to follow the trend
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Dislikedjereajali, correct me if i'm wrong, but i'm looked over couple of charts and there are nice trends but Trend Wave indi don't give a pullback signal. Is this normal and do we realy need Trend Wave filter? {image}Ignored
DislikedNice Trade So basically we wait for confirming dot on Trend Wave indicator when we have a trade signal. When we have both we enter trade in direction of signal. Exit is when opposite dot appears on Trend Wave Indicator. Correct?Ignored
Disliked@jereajali - I miss the S/R lines in the last charts ? Did you change the rules ? In your first post with rules you wrote that the entry candle must open + close above an S line to enter a buy trade ? Right ?Ignored
DislikedThis system is inspired by Shagamic Grail Profit system. Since its major indicators has an Expiration date and for some reasons it was sent to recycle bin i decided to keep the flow going using one or two different indicators. Thanks to Tobben for the strategy. OK here we go. Indicators and template loading soon. Give me more time and i will state the rules with examples. I am inviting programmers to take a look into this and see how to make it automated for easier use. RULES: 1. Price above EMA (buy) 2. Price below EMA (Sell) 3. Wait for Pull back...Ignored
Disliked@laksior:No, in my eyes it isn't right. The entry candle must open and close above the blue S-line - I think you even dont have at this chart any valid entry signal as per the rules. @jereajali: So you use now the open + close above the EMA instead of the S/R lines like mentioned in your first post ?Ignored
DislikedHi, guys. Glad to join this nice and promising thread. Please, explain one thing, or help correct it: On your posted charts, yellow line is following price, it s below the last candle. When I loaded template and indicators - mine is lagging 42 bars. I checked settings, no option to change it. Would you please, explain how to correct it so I m on the same page with you. Thanks. {image}Ignored