Hi Droesparky,
OK, yes i always enter my trades when the cross-candle has "stepped".
That is my one and only indicator for entering a trade....simple, fast and effective.
The other indicators i use for a variety of reasons.
For example.....
RSI.
I use this to help me in seeing the general lie of the land, bullish if over 50, bearish if under.
I also use it as a monitor thing, that is to say, if the RSI is right on 50 and a get a cross candle, i will monitor that trade in case it retraces immediately afterwards(the next candle). If RSI is AT or VERY NEAR 50 it can go either way so it is worth paying a bit more attention to what you are doing.
Slow Stchs.
This i draw on two lines. One at 80 and one at 20. These give me good indication of Overbought and Oversold. If we are over 80 then i will be looking to enter on the first bearish cross-candle on the heighest timeframe possible as you can expect the trade to go quite a distance. The same (but opposite) is applicable if we are under 20.
I have noticed that price rarely stays at either of these levels for too long as the currencies simply can't endure that sort of price action.
CCI.
This is an indicator i have only just started using. The way i use it is to see how far the price is gonna go before i want to start thinking about exiting the trade.
I will try and explain how i do this.
I draw on two lines, one at +100 and one at -100.
Once price has crossed either of these thresholds, i look to see how far over the line it travelled last time.
If say, last time it reached 137 before it turned around i would keep an eye out to see if price this time crosses the 137 from before, if it does, the price is gonna jump.....big time....so obviously stay in the trade. If it doesnt manage to get past the previous CCI high/Low (in this case 137) then i would be getting ready to exit this trade.
I hope i have made this quite clear, i'm not the most articulate person in the world.
Hit me back if you have anymore questions
Good luck to all for prosperous trades in the comming week