Attachments forums

List of attachments posted on this forum.


All files on forums: 135950

Re: XARD - Simple Trend Following Trading System

josi, Sun Apr 18, 2021 11:04 pm

xard777 wrote: Sun Apr 18, 2021 10:45 pm This new setup will be posted on the 18th May 2021
Xard777
Thanks
It may not be totally clear to all so I restate what Xard said about EMAs in a somewhat different fashion (in reference to higher TFs):
EMA 9 + 36 + 144
EMA 9 is basically the short term trading bias of M15 (average of last 9 candles' price action using the EMA formula etc)
EMA 36 on M15 is the EMA9 short-term bias of H1
EMA 144 on M15 is the EMA9 short-term bias of H4
This means: trading on M15 you can always see what H1 and H4 bias is at the time of trading (without changing TFs)
[This is the reason why VQ - in its current form - doesn't give you new information about bias on H1 and H4 and could be regarded as irrelevant.]
All files in topic