The momentum IS the based on purple line. When it is above the yellow line, the momentum is up. When it is below the yellow line, the momentum is down. As far as the candles crossing the 5 ema, and the HMA not crossing it, there are MANY ways on the ...

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That's one, plus there are several more on that chart.

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You're welcome!

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I don't think that most visitors to this thread have taken the time to try to REALLY, REALLY, REALLY UNDERSTAND the power of the indicators that I have presented and their synergy. If you will take the time to really study this template, you will ...

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You could do that, but then you are going to miss a lot of trades. I only care about "1 time frame higher" because, ideally, I want to trade in the same direction as it is going.

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Hi RobinHood, I want to ask someting. Firstly the set up candle was: RSI(14) and stoch(14,3,3) and stoch(8,3,3) are bigger than 50, and crossing of EMA(5,2sh) and Hull MA(13.3) The Hull MA is 12, 3 Than you add stochastic Momentum(10,10,10). Yes, ...

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Correct

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Thank you very much SwingMan!

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I usually look at one time frame higher and I don't usually trade against it. It's always easier to "float" downstream than it is to swim upstream.

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There is no one correct answer because there are no concrete rules. These are methods, not a system. Trading systems usually fail over time, methods usually don't. I am trying to teach people how to cook (methods), I am not giving out a recipe ...

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1st Chart > Entry looks good. 2nd Chart > RSI still above the Purple 50 Line, so no entry yet. 3rd Chart > Entry was 5 bars back. It's too late to enter now.

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The same thing happens on my Weekly and Monthly charts. It also happens in versions 5 and 6.

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These are my current templates. This one shows the arrows in the bottom when window the Yellow Line crosses the DarkViolet Line. file image This one does not show the arrows. file image Use whichever one appeals to you most.

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You did just fine. Keep practicing, it gets much easier as your confidence and your understanding of the methods grow.

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Good Job Noors!

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GREAT JOB!!

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You're welcome! I'm glad that I could help.

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Excellent! I am happy to hear that it's working for you.

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Yes, both entries are correct.

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