Quoting alfa99
{quote} Bk8, Thank you for your reply. Could you please explain why you would not have opened positions on Jan 14 (Buy), Jan 15 (Sell), Jan 16 (Buy), Jan 22 (Sell), Jan 28 (Buy), Feb 1 (Sell), after the previous candle bars had clearly crossed SMA line according to the rules. {image}
YW alfa99, if you look at candles on 14-16 Jan..there is no trend as such so we will ignore sideways candles.. on 22nd Jan candle has huge wick so that should be ignored as well.
{quote} Bk8, Thank you for your reply. Could you please explain why you would not have opened positions on Jan 14 (Buy), Jan 15 (Sell), Jan 16 (Buy), Jan 22 (Sell), Jan 28 (Buy), Feb 1 (Sell), after the previous candle bars had clearly crossed SMA line according to the rules. {image}
YW alfa99, if you look at candles on 14-16 Jan..there is no trend as such so we will ignore sideways candles.. on 22nd Jan candle has huge wick so that should be ignored as well.
- This is far to selective,How are you going to know before the 14th that there is no trend
- The chop would kill the account