Originally Posted by ismailv

uptrend lows should not excedd bottom channel.
downtrend highs should ot exceed top channel.
when trend up buy bottom channel and whe down sell top channel.
strong trends break outside channel.
watch stoch(3,2,2) and 5period cci.
The key to trading is what tells u that the market is up or down or sideways.

Originally Posted by ismailv

Heartnet u asked for an exit strategy. This will depend on three things.
1)ranging market, 2) medium trend and 3). strong trend.
If u can identify what sort of trend u are in then your exit strategy will be based on that.
ranging markets within an envelope or band or channel.
medium to strong trend, use a displaced moving average such as 6,4 or 25,5
try and see what works. or even going to a hgher time frame and trail it using either the high or low of the bar.
dont limit yourself to 30 min tf use 15 tf
for trend and direction use at_ZDn indicator, stoch 4,2,2 and a double channel such as 20,.03/.05. also suggest study one market before going to other markets. use eurjpy
ismail

Originally Posted by masemus

Hi, thanks for sharing
i use stochastic to..., see the pic

Regards,
masemus

Originally Posted by ismailv

uptrend lows should not excedd bottom channel.
downtrend highs should ot exceed top channel.
when trend up buy bottom channel and whe down sell top channel.
strong trends break outside channel.
watch stoch(3,2,2) and 5period cci.
The key to trading is what tells u that the market is up or down or sideways.

Originally Posted by heartnet

can you elaborate more??
its interesting..

Originally Posted by jturns23

Interesting template masemus, will check it out.