I tried your strategy and i've found it works best when you first apply a triangle, 

Originally posted by Noobtrader

I tried your strategy and i've found it works best when you first apply a triangle, 

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Originally posted by 4nt5

Hi Guys, 

I' am in the process of refinning a strategy of mine (its posted in another forum if you're interested) and I would like to know what indicators you guys use and why (what do they tell you?), this is so i can improve it faster with some 2nd opinions objectively. 

I'll post up the refined strategy when it solidfies, so it benefits everyone. The current indicators i've been using to polish it up are:I always use as a strategy to enter in favor of the long-term trend and use the RSI indicator just to look for any divergent point where it should retrace differences and to seek change of trend

Ichimoku Cloud - gives me a general trend area
MACD - Gives me an idea of a currency's momentum
Displaced EMA - a moving average of the currency, like the lcoud but more defined... indicating whether i shoud buy/ sell depending on where the rate is relating to the line.

thanks!


 

 

It appears that this strategy is very useful and beneficial for traders. Thanks for the tips.

hiya, have you tried adding my earlier suggestions yet? i've been able to profit greatly from it (short -term trades)