SH, I have great respect for your methodology.
My knowledge in techicals is limited. But I made some observation in 315 method.I plot along with ema 3 and 15, ema 50. I observed whenever 50 ema is below 15 ema and when ever 3 ema crosses 15 ema, it is buy call. i dont have to bother much in whipsaws. and If I dont go for shorts whenever 50 ema is below 15 ema i found minimum whipsaws. and window of high of highs and low of lows if we keep as stop loss, possibility of whipsaw is almost nil. But I do not know how to make a formula for this.
Request your expert opinion on this. similarly I went only shorts when 50 ema is above 15 ema. cross over rules to be applied as usual with only longs in one case and onlo shorts in other case.
I do not know better language than this to explain. I am new to all this but trying to understand more safer ways of trading
Regards
Hi Nallan,
Do you mean to say that,
When 50EMA is below 15EMA,
and 3EMA crosses 15EMA from below,
It is a buy call.
When 50EMA is above 15EMA,
and 3EMA crosses 15EMA from above,
It is a sell call.
Please let me know if the above conditions
are what u meant in your post. Then I will
backtest and lets see the results.
Regards