No, the sell signal (red arrow) is five bars before.

Golden-Cross Trading-Idea

Trading near the Donchian Channel is risky, and there's a strong resistance zone here. OK, you could make sell trades. When the Slope indicator is falling, you can consider the signals, which is what happened starting from the last fifth bar.

Golden-Cross Trading-Idea

That's a helpful idea! Sigur.

Golden-Cross Trading-Idea

Thanks @emmanuel! I think a summary will be made.

Golden-Cross Trading-Idea

Hi @emmanuel, a very interesting statistic! How can I find it if I want to know what I've done?

Golden-Cross Trading-Idea

No, it's not valid! I think I wrote somewhere that I tried to encourage the system user to think as little as possible, avoid any intellectual effort, and just count the steps on the golf course... There's already a long entry in the lower range at ...

Golden-Cross Trading-Idea

Exits for the GoldenCross idea. For long trades: - The entry value is the forecasted cross plus half-range. (Please also draw the Upper Trend_v2.2(30) and consider it in the trend analysis.) - At entry, an initial stop is set equal to the BarRange ...

Golden-Cross Trading-Idea

Thank you for your comment! I don't mind if very few members use my indicators or post them in the thread. There are many of my indicators in many threads in the forum that have been downloaded thousands of times and have received no feedback. ...

Golden-Cross Trading-Idea

Dear @emmanuel, I'm getting PMs again saying that your posted charts are confusing for interested members and, because the comments aren't based on the GoldenCross calculated values, aren't helpful at all in this thread. I'm glad you found this ...

Golden-Cross Trading-Idea

I've already received several private questions about why one posts charts with the GC Signal indicator, but the calculated trading values aren't used. The members are interested in the GC idea, but can't find little references to it in the posted ...

Golden-Cross Trading-Idea

Dear @Forex37, many years ago, when we were young (around 60...), I mentioned Osho's clapping with one hand in a forum. Regarding your meditation recommendation, I can still cite this Koan today! "Clapping with one hand" refers to a famous Zen ...

Golden-Cross Trading-Idea

I didn't include a TP because I wanted to take advantage of positive trends, as in this post: url

Golden-Cross Trading-Idea

New version "smGoldenCross Signals_v8.3" You're right about the comment, because the lots were calculated using the BarRange and not the InitialStop! Please check the newly calculated values now.

Golden-Cross Trading-Idea

Yes, is OK.

Golden-Cross Trading-Idea

After 8:00 AM, the signal was changed! There are a major exception that I have introduced. You can either consider it or not: the rule applies to the first 6 bars after a bar reaches the upper Donchian Channel. In this case, you expect a rebound and ...

Golden-Cross Trading-Idea

New version smGoldenCross Signals_v8.2 I hope I've corrected the error with the incorrect prices. If not, please report it. For BTCUSD, fictitious prices are written to test the display of crypto prices. .

Golden-Cross Trading-Idea

Thanks for the information! You're right that I recommend trading on H4 or D1 for these two ideas (GC and SW). If you decide to trade on one of these timeframes, you'll find certain successful "patterns" to trade, just like the "slope permission" ...

Golden-Cross Trading-Idea

New version smGoldenCross Signals_v8.1 Unfortunately, I uploaded version 8.0 from the wrong folder! Please replace this version with 8.1. There should be a sell stop signal. It would have been nice if @Crows had posted his comment as a bug! Use ...

Golden-Cross Trading-Idea

The longer MA is worth drawing. It better visualizes the periods where the main trend is moving sideways, and trading should be avoided at those times. If you prefer, you can also use the smMACD, which incorporates the LWMAs of the MA(5) and MA(30): ...

Golden-Cross Trading-Idea

- The "Golden Cross Signal" indicator isn't optimized for timeframes. In future versions, a 30-period timeframe will generally be considered for the upper timeframe, and so the W1 timeframe will be approximated as the upper timeframe for H4. - You ...

Golden-Cross Trading-Idea