DislikedEntry Rules - Concervative Strategy
We open a sell trade when the wellxAMA indicator shows red dots and the dots are of the same color in the previous bar, as it is an indication that the current trend continues. Likewise, we open a buy trade when the wellxAMA indicator shows green dots and the dots are of the same color in the previous bar, as it is an indication that the current trend continues as shown in the following picture.
Entry Rules - Risky Strategy
We open a sell trade when the Candle is crossing...Ignored
My broker don't use MT4. I only have Kaufman AMA indicator. How do you determine the Green or Red dots or no dot?
Thanks!