After I begin to consider the technique which may suits me, my character, I required myself just a few calls for:
1) This technique have to be so simple as doable
2) This technique should based mostly on worth
3) No oscillators
4) Much less false alerts
5) Good danger managment.
Then I noticed if the value is core of this market, so right here have to be necessary some Center costs. As a result of we all know center or common worth is crucial in each discipline. So I took Every day Center Value, Weekly Center Value, Month-to-month Center Worth, Yearly Center Worth and 5 12 months’s Center Value. Due to this fact I choosed solely theese Time Frames: M15, H4, Each day, Weekly, Month-to-month and these SMA’s: a hundred, 30, 20, 50, 60.
M15 : a hundred
H4 : 30
Day by day: 20
Weekly : 50
You may ask why these SMA’s. a hundred SMA in M15 is Day by day Center worth (ninety six candles acctually, however I rounded it to a hundred) and and so forth.
Right here is the template.
I wanna see what number of members are actually on this technique, then i’ll go on. You see i do not wish to waste each of our occasions. “Is it worthwhile?” None a hundred%. I have to develop.
Ready on your feedback, advices.