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Thanks a lot about that. I would like for someone to come up with a EA as I really don't have the time to sit in front of my computer 24 hours a day to trade the system.
I would, however, avoid trading during the Asian session as it does not help much and you might get a lot of whiplash. Let me know how everything goes. |
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34-ema
Quote:
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"Risk comes from not knowing what you are doing" The Tao of Warren Buffett. "Avoiding mistakes, makes people STUPID and having to be RIGHT, makes you OBSOLETE." Robert Kiyosaki. |
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Exit
Many use 25 and 34 EMA together. What about using a 25 LSMA color change at the end of a move for an exit signal? You'll always end up getting a buy signal after and if the trend ends up continuing then you can just re-enter with another position.
seems to work well, Jax |
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Quote:
http://www.beginnertrader.com/?cat=8 or download here |
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Quote:
I think the parabolic sars are redundent, since the arrows occur at th same time. If I were going to add moving averages, here's what I would add: 5wma, 21 wma, 55ema, all set to median price When the 5wma begins to change direction, it's a good indicator The 55ema is critical support and resistance to cross All 3 are fib numbers Matman132 |
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Here's the 4-color OSMA:
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