Trend system
Please more specific, what time frame etc. And your chart please ...
Nice
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.
Whipsaws
As i have given you the indicators i use.
i think you could check it for yourself where the whipsaws have occured on the charting software you using.
BUT ANYWAYZ I AM POSTING THE CHART!!!!
no system is a holygrail.
Exit
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.
SO I WANT SOMEONE TO ADVICE ME A PROFITABLE EXIT.
the exit
my suggestion for exit, i just lock the profit with follow the valor of 34 EMA.
- Free trading apps
- Over 8,000 signals for copying
- Economic news for exploring financial markets
You agree to website policy and terms of use
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.