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Originally Posted by Audio
hi holyguy7 is these aright set up?
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Looks very good. I also added in NewDigital's two indicators and took out the ASC Trend Signal for simplification. What I like about SilverTrend Signals is that they seem to find the trend earlier than ASC's, however, they do give more signals and whiplash more often.
However, if you use this with the other indicators, it should work out better. Also remember to use some common sense. For instance some times that you will want to watch out for are:
1. News announcements (be prepared for major ones especially)
2. Asian Session. I seems that there is the most whiplash during the asian session because the price is not moving too much. I would just take a wait and see approach during that time and usually around 2 p.m. EST the price starts trending in one direction or another again.
Perhaps creating an EA that closes the trade at the beginning of the Asian session might be a way to go.
Anyhow, I have modified the system to add another indicator that appears to help by NewDigital (thanks). The Filter AO appears to be a good addition to the trend trading system.
Here is all the indicators and my recolored profile so that you don't have to do the work to recolor code the indicators yourself.
A few more screen shots to boot. Now, the 4 must agree. Not as catchy but if it make us money, who cares, I will use it if it is profitable even if it is call Pig Barf Trending System.
