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Well. Evething is very clear about second exit rules: we are openning the order according to the ASCTrendsig indicator validated by NonLagMA indicator and RSIFilter indicator and exit on AbsoluteStrenght_exit.
One order at the time. It is not risky.
First exit rule.
We open as many orders as we have ASCTrend signals validated and close all simultaniously on yellow bar of NonLagMA big indicator.
It is risky?
Yes of course.
But it will get us a lot of pips in profit as well.
How to reduce the risk if you choose the first exit rule?
- try to open the order in the beginnng of the trend (in the beginning of NonLagMA big indicator). If you see the good sigal - try to see when the trend was started and, probable, it will be finished soon.
We may see this case from the image (USDJPY M30):
first sell gave +140 pips, second sell was in +43 pips, 3rd was with about +40 as well, and 4th one with the about -20 pips. So if you start to trade from the 4th signal you will lose at least 20 pips. But if you wait and open the order in the beginning of the trend so you may win about +200 pips in total for all 4 orders for USDJPY only and for 3 days only.
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