Recent content by cowcool

I am building a system relying on DMI Cross + ADX >=20 but am not sure abt the exit rule. How about exit when EMA 3 cross above/below EMA 10? Comments please Thx:)

DMI Crossover got whishawed often but I am not sure of the percentage because I am still new to it. Is there a research on internet on the percentage of whipsaw in DMI crossover?

My exit is when DI+/- fall below ADX (assuming DI+/- rising above ADX) AND declining ADX .

I am studying the ADX/DMI. So far it is one of the best indicator out there . However, there are many buy/sell signal noise on 1-5 mins chart. In 1 - 5 mins chart, the movement of DI+ and DI- change too often in very quick time , making it hard to predict the next momentum. Does this...

I sometimes see dash shaped candles (see the attachment). I am kind of confused because I never saw candles like this in books. What's the psychology? Thx

What are the best Best Position Sizing Calculator & Trading Journal S/W out there?. Many Thanks

Hiya Folks, I can wait for hours before an ideal setup formed. Is there an easier/faster way to find an ideal setup?. a third party scanner s/w that can be programmed to find currency pairs that ,for example met this condition , CCI is above/below 100, stochastic below 20 . etc etc. Thx

Here it is , please take a close look at the highlighted sections. What I want to accomplish is to remove false/weak buy/sell signals

I like 15 and 50 EMA Macross but this system tend to generate whipsaws on ranging day. Is there a way to make this thing works on a ranging day?. I have tried MA cross with ADX (an indicator to evaluate the strength of a current trend) and only enter a trade if the ma cross is confirmed by ADX >...

How to spot the beginning of a trending day? Thx!!