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Ok here it is and if you wanna try the wannaB then I suggest a demo account for starters. I am still testing it.
5 min chart.
there are 12 WMAs, 3, 5, 7, 9, 11, 13, (make these one color)
15, 17, 19, 21, 23, 25, 27 (Make these one color)
Slow Stoch 30, 10, 10
entry is when price closes on the opposite side of the MAs. (shown with a red line)
and stock crossed in proper directions, I like it best when there is decent sepreration of the stoch lines.
there are two suggestions for stops
one is the opposite end of the candle that closed outside the MAs. (shown with a green line)
two is the last high or low on the 5 min chart. (also shown with a green line)
target is the distiance between the entry point and the last high or low. (note the small blue lines showing this)
Try my MT4 template and thanks for the trading system. The arrows are the crossing of LWMA(3) & LWMA(27)
Yes, that works. I have a very similar one, except with the addition of a 55EMA. When it break the EMA is the signal. I'll try it with your stoch addition.
Anyway you show us on how to trade the 55EMA? Thanks.
Ok here it is and if you wanna try the wannaB then I suggest a demo account for starters. I am still testing it.
5 min chart.
there are 12 WMAs, 3, 5, 7, 9, 11, 13, (make these one color)
15, 17, 19, 21, 23, 25, 27 (Make these one color)
Slow Stoch 30, 10, 10
entry is when price closes on the opposite side of the MAs. (shown with a red line)
and stock crossed in proper directions, I like it best when there is decent sepreration of the stoch lines.
there are two suggestions for stops
one is the opposite end of the candle that closed outside the MAs. (shown with a green line)
two is the last high or low on the 5 min chart. (also shown with a green line)
target is the distiance between the entry point and the last high or low. (note the small blue lines showing this)
I'm working on a scalp technnique but I'm stuck on one part. Can anyone make a template with SAR dots on the macd as shown in the picture? Usually I just drag and drop indicators onto each other, but for some reason cannot in this case. Can anyone make this with the attached macd and the standard mt4 psar? Or you can use another macd if you have a cleaner one -- it just can't have a lot of extra junk on it. If you do use another, please post it as well. Thanks in advance.