
04-17-2006, 03:59 AM
|
 |
Senior Member
|
|
Join Date: Dec 2005
Posts: 531
|
|
Quote:
|
Originally Posted by linuxtroll
Nick, It is MMAs (Multiple Moving Averages - a subset from my Rainbow chart);
Same as Trend Strength Indicator... Traditionally traders use SMA 4,14,24,......,124,134,144 and zero cross is set by SMA 20 or 21 cross all those SMAs - but it is lagging and can not be used for ForEX scalping.
In my setup; It is a subset of my Rainbow chart: 4,6,...,22,24 with my high-low channel 144 high, 144 close, 144 low... all LWMAs... You can use EMAs too
If we can create an EA by combining MMAs, High-Low channel as filter -- which I posted on other threads and your Trend Traffic; we will be near holy grail... More money for every one... LoL
Basically, we need to combine Trend Strength Indicator with Trend Traffic with Channel filter...
Hope this helps... Good thing is we can use this setup in any paltform, any trading style -- because all of them are moving averages -- credit goes to Daryl Guppy and Alan Hull...
Cheers,
|
Thank you linux! Is there presently an ea for your strategy...or thread?
__________________
"Anyone who has never made a mistake has never tried anything new." -Albert Einstein
Last edited by Nicholishen; 04-17-2006 at 04:02 AM.
|