### Strategy Overview
1. **Moving Averages (MAs)**:
**13-Period MA**: Represents short-term trend and momentum.
**55-Period MA**: Represents intermediate-term trend.
**89-Period MA**: Represents long-term trend, providing a broader market perspective.
Dear Mr xard
How long is a short-term trend? And so intermediate-term and long-term?
In my case, I trade intra-day with no carry trades, so I am in and out of the market each day.
XARD: So in a nutshell, I would be looking to trade the EMA 13, 55 & 89 lines within a short duration using the 233 Semafor Square to Square cycle on 15min TF. I like to scalp 5min even though I really should be trading 15min TF. So now I display 5min stuff on my 15min chart and just trade 15min TF only. Best of both worlds. Here is a screenshot...The thick ZZ1 line Goes from 15min Square to 15min Square and can be a couple of days to a couple of weeks for completion. The Gray Square on the chart is 5mins and the larger white Square in the background displays the 15mins Square. The Arrows and EMA lines are all from 5mins TF. Candles are from 5min Arrows to 5min Arrow and change color on the cross of the 5min 89 EMA line. As I like to know where market sentiment is, I show when price is Above or Below the Daily Open line with a colored text box top left of screen.
Attachments forums
Re: XARD - Simple Trend Following Trading System
jimfang, Fri May 17, 2024 7:08 am