1) 50 ema of Close
2) 50 ema of High
3) 50 ema of Low
I like it. Follow the same rules except buy above high and sell below low. Cool Nice idea. Oh by the way Nina You are my Hero!
.. and place your stop either at the Close ema or just outside the opposite High/Low ema .. ie stop above High ema for a short .. and just below the Low ema for a long ?
Can anyone do some back testing ?
thx for answer me please tell me whats your sterategy?
And hapy birth day to me and godd night.
I know what happen when we see arrows. We let them trade for us and that could be a deadly behavior.
Take the arrows as a confirmation of what we see and then decide if you want to trade or not.
Now we should make a backtest to see the minimum we get in each arrow.
Entry strategy looks good.
Question though, what is the exit strategy?
Happy birthday to you and to your parents.
It is an appealing idea.
With them we avoid whipsaws, but we lose trades too. Anyway, we should, as you say, backtest them.