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Simple 15 min system
Hi fellow traders,
I have been experimenting with an addaption of ninas system on 15 min TF.
The idea is to place your 50 ema and a 120 ema on the chart and use fisher_yur4ik and super signals.
Enter a trade in the direction of the trend only, that is to say if the 50 ema is below the 120 ema you look for sell orders only, and opposite for buy. An entry is confirmed when the price crosses down through the 50 ema and the next bar opens below the 50 ema and fisher has turned to red. place sell market order.
Exit when fisher indicator changes from red to green. Super signals helps to give an early warning as to a change happening, super signals does change at times as new highs or lows are hit and can't be relied upon on its own, but in conjunction with fisher works quite well.
I use a stop loss of 30.
I am trying to keep this as simple as posible with the least amount of indicators.
Let me know what you think.
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