My System - My trades.

Following improvements are needed in the macd method to make it tradeable.

1) We need to keep some stoploss at some important swing point if the 200 ma line is far off .We also have to keep trailing the stops or profit taking to some important swing points.

2) We should take subsequent adds only if the add comes in lower level than the last add in case of shorting....we should not keep adding on smaller MACD when the price is going against us.....

If the above two are incorporated then this system will be very good. The backtest results posted few posts back show few days when the loss is 200 points ,which is probably happening because the above two points are not incorporated and we kept adding when the market was moving against us.

Giving these views only to make the system more useful for traders in actual trading.If not found useful, please ignore ....

Smart_trade
Da,

I thinks, Basic tenets of Rally decline, HH/HL and eye on pivots as taught by you and Subhadip Sir, can make any system robust.
With use of this kind of mechanical system, traders who have yet to completely grasp pivot method can become profitable IMHO.

Thanks & Regards.
 

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