boytoy wrote: Fri Jun 28, 2024 7:57 pm Dear TEAMTRADER... thank you for posting yet another nicely done starting template for all of us to use Ive found the 1 hour template to be a strong signal provider if taking positions depending on the black 192 MA. Check this out

What I am trying to explain is:

• If the 8 SMA crosses up the 32 SMA above the Black 192 SMA, enter a buy
• If the 32 SMA crossed down the 8 SMA below the Black 192 SMA, enter a sell

Scrolling back through time it seems even if its a ranging market you will always be in the plus and can take profit from the set up if you use those signals -- is this what you find too? Really nice!!!

Yes, I agree. I also see that the indicators under the chart show the divergences that create either exits - when in a trade - or really good moves as an entry, particularly from the white O/B O/S areas - I tried to get a stochastic signal to reflect when the position of the stochs (Over/under the 10/90 levels) when there was divergence involved but there is none that are efficient. That is the best I can do with what I have available.
It should work on all charts - FX etc - as the theory on sma's in differing timeframes stays the same.
I watched the open of the Dow and divergence played a big part.
TEAMTRADER