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
Month-to-month :60
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.
he different vital rule is each MA have to be proven in its TF and should not be seen in different TF's.
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.