Hi Columbus,
Visited this thread very very late. Tail ender!!!
.
I heard so many people saying " You need just one pattern to make your living". Here just understood what that means:clapping:
Also appreciate your relentless effort to post daily charts.
Have few questions .Hope you wont mind answering them.
1. what kind of strategy do you use for trailing S/L? Exa: Say Lower band pierces a red and green .we enter: On entry where will be your S/L? then it rallies and crosses 20 SMA.Now how do you trail?
2.while piercing the candles , does the angle of band play any role in making the signal more effective? generally I have a feeling that while crossing if the band is flat it gives more powerful signal.
3. If you have any data available can you pls let me know whats your success rate under this method?
Regards
Raghav
Visited this thread very very late. Tail ender!!!
.I heard so many people saying " You need just one pattern to make your living". Here just understood what that means:clapping:
Also appreciate your relentless effort to post daily charts.
Have few questions .Hope you wont mind answering them.
1. what kind of strategy do you use for trailing S/L? Exa: Say Lower band pierces a red and green .we enter: On entry where will be your S/L? then it rallies and crosses 20 SMA.Now how do you trail?
2.while piercing the candles , does the angle of band play any role in making the signal more effective? generally I have a feeling that while crossing if the band is flat it gives more powerful signal.
3. If you have any data available can you pls let me know whats your success rate under this method?
Regards
Raghav
Code:
1. what kind of strategy do you use for trailing S/L? Exa: Say Lower band pierces a red and green .we enter: On entry where will be your S/L? then it rallies and crosses 20 SMA.Now how do you trail?profit a tailing stoploss of halfway between top band and middle band
(in case of Long trade) or halfway betwwen bottom band and middle
band in case of Short trade is adopted.
In fact once Savant Garde dealt with this issue at length in this thread
and I incorporated the same in POST.1.
Code:
2.while piercing the candles , does the [B]angle of band[/B] play any role in making the signal more effective? generally I have a feeling that while crossing if the band is flat it gives more powerful signal.breakout in either direction.Then the angle comes into picture.
If there is no price action then the outer bands move towards
the middle band.
Code:
3. If you have any data available can you pls let me know whats your success rate under this method?terminal then you can achieve 75%-90% easily.
