simple setup for buy and sell

[XRAY27]

hi
this is simple setup for buy and sell... for trading
View attachment 19316

 

[atharsh]

Thank you very much.

What is the time frame we have to use for the strategy.

Regards,

S.ATHARSH

 

[krishnapaga]

simply super for new technical trader.

 

[rkkarnani]

simply super for new technical trader.

Welcome to Traderji !

 

[rkkarnani]

hi
this is simple setup for buy and sell... for trading
View attachment 19316

Thanks.
Do you mean to 'show' inside bars? or any 2 bars high above EMA fulfils the condition.
In what TF does it work best?

 

[alokdaga]

www.traders.com/Documentation/FEEDbk_docs/1996/12/Abstracts1296/2_20DaySdbar.html

 

[XRAY27]

hi...
condition is bars don't touch the EMA line (inside or not does'nt matter)check that in all time frames

 

[vsaran]

free image hosting

Can you mark in this graph,where to long and where to short,with target and stoploss?

 

[Purushotham]

free image hosting

Can you mark in this graph,where to long and where to short,with target and stoploss?

As per my understanding 7th bar low is sell and 9th sep bar high is buy.

 

[rkkarnani]

hi...
condition is bars don't touch the EMA line (inside or not does'nt matter)check that in all time frames

Thanks !
As per Alok Daga 's link and other links to the Original System it seems it has 'originally' been recommended for EOD charts !