An interesting approach according to me :
use of EMA 200 and 100 for trend trading.
Trigger when :
- the 2 EMA cross
or
- EMA of RSI ultimate cross above/below 0 after being a long time in opposite direction
So, this is the first point to catch the beginning of a trend.
Then you wait for first pullback after trend direction change, so you have all odds in your favor to enter for example a BUY trade at a lowest low. ( you can also use break s/r and fibo upper time frame to confirm your decision)
And now this is the time DAVG enters in the game ! :
enter on a color change : FOR BUY color bar change from orange to blue / FOR SELL color bar change from blue to orange
AVOID ENTERING TRADE ON RED OR GREEN
use of EMA 200 and 100 for trend trading.
Trigger when :
- the 2 EMA cross
or
- EMA of RSI ultimate cross above/below 0 after being a long time in opposite direction
So, this is the first point to catch the beginning of a trend.
Then you wait for first pullback after trend direction change, so you have all odds in your favor to enter for example a BUY trade at a lowest low. ( you can also use break s/r and fibo upper time frame to confirm your decision)
And now this is the time DAVG enters in the game ! :
enter on a color change : FOR BUY color bar change from orange to blue / FOR SELL color bar change from blue to orange
AVOID ENTERING TRADE ON RED OR GREEN