Complex trading system #1 ("Multi-conditional")
Submitted by Edward Revy on April 19, 2007 - 16:48.
Currency: ANY
Time frame: 1 hour + 30 min + 5 min.
Indicators: 14 EMA, 21 EMA, 50 EMA, Bollinger Band (20, 2).
Entry rules: Enter on 5 minutes chart.
On 5 minutes chart, for uptrend:
if 14 EMA is above 21 EMA,
then if both 14 EMA and 21 EMA are above 50 EMA,
then if 50 EMA is within the Bollinger Bands borders,
then...
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I'll skip on this one.
Trader_Lou
Hi, anyone trading this system and found success with it?
This is a good method. Please also post more methods that use 2 or 3 time frames.
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