I began to adapt the systems with my onw rules. the most important advantage of the Sidus technique is that it's not necessary for adding additional filters. Whipsaws can occor, however less frequent. this technique created my commerce terribly profitable because it simple to grasp, simple to implement and simple to find the correct entry-points.
What does one need?
- 1H (of 30MIN, however you wil get wore whipsaws) candlesticks/bar charts
- eighteen EMA & twenty eight EMA (put them in red)
- five WMA (in blue) & eight WMA (in yellow)
Entry Signals
You should solely open a grip, once the red tunnel is extremly slender or crossed !
LONG: five WMA & eight WMA cross the red tunnel upwards. If the five WMA conjointly crosses the eight WMA upwards, then the signal is additional robust.
SHORT: five WMA & eight WMA cross the red tunnel downwardly.If the five WMA conjointly crosses the eight WMA downwardly, then the signal is additional robust.
Exit Signals
Signals that show the tip of the chosen trend:
- Long: the worth has reached a high and five WMA dives beneath eight WMA (Close position)
- Short: the worth has reached a bottom and five WMA jumps on top of eight WMA (Close position)
Always shut your position once boundry’s of the red tunnel cross eachother or once they become therefore slender that they're one! this can be a transparent sign of a trend reversal. when you see this, shut your position and open a replacement postion within the alternative means (If you were long, close, open a brief postion)
When in a very trade and therefore the five WMA & eight WMA cross the red tunnel -> Pay attention! As long because the redtunnel boundy’s doesn’t cross eachother there's no drawback, however typically this can be a symbol that they will!
Basic rule
Enter a grip were the red tunnel boundry’s cross and exit that position once they cross again!!! continually use a stoploss - i like to recommend a 10-15 pip !!!
What does one need?
- 1H (of 30MIN, however you wil get wore whipsaws) candlesticks/bar charts
- eighteen EMA & twenty eight EMA (put them in red)
- five WMA (in blue) & eight WMA (in yellow)
Entry Signals
You should solely open a grip, once the red tunnel is extremly slender or crossed !
LONG: five WMA & eight WMA cross the red tunnel upwards. If the five WMA conjointly crosses the eight WMA upwards, then the signal is additional robust.
SHORT: five WMA & eight WMA cross the red tunnel downwardly.If the five WMA conjointly crosses the eight WMA downwardly, then the signal is additional robust.
Exit Signals
Signals that show the tip of the chosen trend:
- Long: the worth has reached a high and five WMA dives beneath eight WMA (Close position)
- Short: the worth has reached a bottom and five WMA jumps on top of eight WMA (Close position)
Always shut your position once boundry’s of the red tunnel cross eachother or once they become therefore slender that they're one! this can be a transparent sign of a trend reversal. when you see this, shut your position and open a replacement postion within the alternative means (If you were long, close, open a brief postion)
When in a very trade and therefore the five WMA & eight WMA cross the red tunnel -> Pay attention! As long because the redtunnel boundy’s doesn’t cross eachother there's no drawback, however typically this can be a symbol that they will!
Basic rule
Enter a grip were the red tunnel boundry’s cross and exit that position once they cross again!!! continually use a stoploss - i like to recommend a 10-15 pip !!!
Will this rules and method be applied for stocks market too as i am using Intraday Tips for trading and don't know about this before.
ReplyDeleteMy friend who do KLSE stock analysis is depending on different factors for its research study.
ReplyDelete