Dear vincejg327
I wanna know a few questions, may be my questions sounds like a stupid but I really wanna be stupid when it’s the matter of understanding new thing for my brain, well here my qus are:
1. What you suggest when situation comes like this light color boxed in the picturewhen the EMA 9 and candle huging allmost each n every moment.(please look at the pic just below ) , what you suggest to by pass that kind of situation ?
2. Some times ADX Signal Line (not +/-DI lines) stood near 19 point something and +DI just near to 20 mark but not 20 and -DI lower than +DI , and candle meets EMA condition for long what u suggest? Enter for Long at moment like this?
(and yes for short entry too with opposite of =DI and -DI position marks,but getting answer of long will help me to figure out what to do when it will be short)
3. Do u strongly prefer to stay ADX signal line (not +/-DI lines) to hover out above 20 when taking Entry ?
I saw some cases when ADX Signal line downtrending from 34 to 26 to 22 to 19 and at that moment -DI comes to 20 mark left +DI at 14 or situation similar like that, what to do then?
4. Lets see the picture below,
according to my mt4, Marked candle’s Details are
the 1" marked candle = Opened 1.2955, closed at 1.3020, the EMA was 1.2988, ADX Signal 31, +DI 19, -DI 16
the 2" marked candle = Opened 1.3021, closed at 1.3034, the EMA was 1.2997, ADX Signal 30, +DI 24, -DI 14
if i took Long at the open of the 2" market candle then it going into opposite direction and at that time my S/L was 49 as per ATR value, and it was taken by the 4th red candle from 2’ marked bar.
**I know Every system has its own profit and loss segment, here my intention is not to attack u by telling that it goes wrong but i truly wanted to know if you know any remedy to overcome this situation or not?
*No bad intention indeed. Just asking for safety reason. please don’t take me wrong.
5. Now plz look at 3" and 4" marked candle, there 3" marked candle shows all okey at a glance but there -DI is 24 and +DI is 22 so as per ur rules when taking long +DI must be =/>20 and > -DI so i left that candle, now can i take entry at the opening of 4" marked candle ? here +DI 30 and -DI 21
and in both 3" and 4" cases ADX signal line stood over 20 mark. candle closed avobe EMA from below.
Now please tell me and clear me step by step with mentioning my respective questions along with your answer.
THANKS at Upfront and friendly hug for you.
Edit and Added line:
Help me to find my answers plz…
its really a good system and i wanna know as deep as possible
thanks