I Mean, if any body enter into trade by using Quadra stratergy on daily time
frame then he can book profit or partial profit on the basis of 8 Exponential Moving average on hourly chart, i know it is not a part of Quadra one but it work at least for partial booking..(8 EMA on Hourly chart give early indication of loosening of strenth of trend.. its my experience)
Comparatively, Bar Split & Gaps....are often seen in Equity.... therefore, it's utilitarian value will be far greater in protecting Profit or exiting with smaller S/Ls
Yes i am. infact i have started trading commodities using this technique along with RSI for reference. i have also backtested this strategy on about 10 equities and results are quite good. i am using 9, 15 and 21 EMA along with 50 EMA.
Does anybody having a better tweak for hourly trading.