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Post 5 question
goodboy, I want to thank you again for developing this system. I want to understand your post 5 better. Are you saying that we should wait for a second bar in MACD after the cross to confirm the direction of the trend?
If I may recap your system:
Long Entry: 1. White line cross the red line from down to up, 2. MACD histo is above zero line for at least 2 bars, and 3. AO is green for three bars.
Short Entry: 1. White line cross the red line from up to down, 2. MACD histo is below zero line for at least 2 bars, and 3. AO is green for three bars.
Exit is dependent on VQ signal plus observation.
Please correct me where I have it wrong.
Thanks,
Biniam
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