Quote:
System is very simple, filtered by other indicators, as follows:
- Timeframe: 30M
- 8 EMA (applied to Close) & 13 EMA (applied to Open)
- Trend lines & Regression channels to help spotting intraday breakouts
Filters:
- 8 %R (levels -80 and -20 visible) over 13 RSI (applied to Open)
- MACD (13, 21, 8)
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First, I want to say thank you for sharing this valuable information. Second, this is my first time participating in the chat room, so here it goes!
I need clarification on one thing about your system, the rest I am more than comfortable with. With 8 EMA applied to the Close, and 13 EMA to the Open, do you mean the open/close of the candle, or is it applied to yesterday's close and today's open of the respective currency being traded?
