gy reversal, watch round number and PA; making higher highs etc. from the lower SD zone around round number. watch impulse

In a nutshell and a nice example: we love impulse and chop. See it?

Hai
I testing with 4 indies and seems to good to plot break out slope line based on the rules are meets as marked in vertical line
suggestion please

indies
high low zigzag - period 9
EMAline -period 40
Half trend - ambliture 6
Alex5757000_-_Multi_Moving_Average v2 - setting you may choose for your choice

[quote=sal post_id=1295439205 time=1626325815 user_id=4865228]
Hai
I testing with 4 indies and seems to good to plot break out slope line based on the rules are meets as marked in vertical line
suggestion please

Looks nice at first sight Sal. Same principe: trading pullbacks,trendlines for sure many versions possible. Don't forget the round numbers and watch/notice strong impulses; for example be careful trading a pullback after a fierce move as 'new trend' if half trend is showing this. Instead wait this retrace has pulled back into the impulse and take the next (small) pullback into the continuation next move. Last remark; be careful do not trade/focus on indicators like when this MA histogram will aline because you will miss the price action; your template has already: 40 ema, halftrend, (repainting) zigzag, etc.
best M.

Meyney wrote: Fri Jul 16, 2021 12:11 am

Thanks bro.. and i will be updatewith round number..
Your advise for warnings will be high priority to watch PA ...
i find the retracement zones .
i used HL dot only to get plot manual line to break out the pullback..

Dear Meyney
May i know RSI pull back strategy are in active!!
I am testng with RSI withpullback ..

gy boring as always. Zero repainting, no magic indicators and quite simple, do you add positions, or tp and open new orders? your choice. all te best M.

gy

GU TF 15M