Hi DaveTrader,DaveTrader wrote: Thu Sep 12, 2024 5:49 am Thank you for the latest updates Xard. The 233 EMA with the candle color change is another genius integration in a long list of brilliant simplicity. It really quiets the noise, especially around the potential turning points. Hell, I’m even starting to like the red and green signature colors of your charts
On top of everything you have given, you have fostered a great community here. New members, old members repeatedly stepping up to help folks out. It’s just great to see and I’m so thankful I found this site.
It is really nice seeing you back here on this thread again.
I too am really impressed by the community spirit on this site. It's fantastic to see both new and seasoned members consistently stepping up to assist others. The whole platform reflects this pay-it-forward attitude, and we're lucky to have exceptional coders like mrtools and kvak who go above and beyond.
Initially, I was quite fond of my EMA 9/36 setup, but integrating a standard 14 RSI showed me that price movements often coincided with the RSI crossing the 50 midline. This led me to adjust my EMAs to 13/55 to better align with these movements.
Realizing that many traders weren't familiar with market structure, I introduced EMA 89, but later switched to EMA 144 for better timing on price reversals. Eventually, I settled on the widely accepted EMA 200, which seemed to resonate well with many traders.
Here's my current strategy:
Buy when EMA 13 crosses above EMA 55 and both are above EMA 200.
Sell when EMA 13 crosses below EMA 55 and both are below EMA 200.
This setup also enhances the effectiveness of the Semafor signals.
I'm always tweaking my setup for simplicity and efficiency. Recently, with XU v14m, I've shifted to using EMAs 13, 55, and 233, embracing the Fibonacci sequence.
Years back, I used Gann line EMAs 13 and 52, which I later modified to match my Semafor settings. It's interesting to see how close my original setup was to what I've come back to.
With the trend towards the M1 timeframe, inspired by Curioso's success, I've added some safety measures:
Buy when EMA 13 crosses above EMA 55 and both are above EMA 233.
Sell when EMA 13 crosses below EMA 55 and both are below EMA 233.
Profit Management: Withdraw at least one-third of your profits weekly or after a 300% gain when trading Bitcoin, to safeguard against market volatility.
This strategy helps accumulate profits for future trading, acting as a buffer against potential losses. In the event of blowing your account due to unforeseen abnormal movement in Bitcoin, you would have the accumulated funds that were withdrawn every 300% or from the weekly timeline that can be used to restart your account with a 10% funding from these profits. At 300% being produce on a weekly basis (never mind daily) it would not take too long to surpass your previous account.
For Semafor signals: Let's use for simplicity... Mini Dot, Big Dot, Arrow Dot & Square Dot.
After a Square Dot, wait for a second Big Dot before entering a trade to confirm the trend direction. However, if there's no Big Dot, look for the price to cross EMA 233 and a second Mini Dot for what I call the FOMO (Fear Of Missing Out) trade as price can go from Square Dot to Arrow Dot without producing a Big Dot along the way.
Lastly, I optimized performance by reducing the chart's bar count from 5,000 to 1,700, which eliminated lag on slower systems.
I am glad that you like the new setup and hope others are liking it too. May you make a boatload of Pip$ my friend.
Xard777
Screenshot_770.png General Staff of the Armed 
