Hi yalgaar,
here is the chart. Let me know what needs to be changed.
here is the chart. Let me know what needs to be changed.
yalgaar, Hit and Run system development 0 replies
DislikedI think I have found answers to my own questions. Please confirm the following: 1) You open buy when the close price is above the 5EMA high. You open sell when the close price is below 5EMA low. 2) You close the trade on the opposite conditions and create the new opposite trade. So all clear on when do you buy and when do you sell. But like you said...this will work perfect on trending markets and destroy you in ranging markets. It seems like you have some ideas to take care of this during ranging using some kind of Lot size management but I am...Ignored