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HI,
i learnt a lot from forextsd so i thought that i would share my system.
indicators:
13 , 34 emas closed
macd 3,6,3
rules:
enter long when 13 crosses 34 ema upward.
exit when macd 3,6,3 goes negative.
vice versa for short.
stoploss last pivot or last low.
please suggest me a better exit strategy if this is not good.
Can you post a chart that indicate the whipsaw part of this system because for every systems has it own default, and if i wants to learn any system i started with the default part (whipsaw) side of the system.
See this system is good as far as i have seen.
but i am only worried about the exit.
sometimes the trade goes 100 pips in favour and i have to exit with only 10 pips or a small loss.