For a trial period in '20 I am reducing my indicators to 1 EMA. I was only referring to 2 or 3 MA’s anyway, have not used any off-chart indicators for years. But that’s not to say they don’t work, its just that in trend-following they are not essential.
I may start a new thread to log progress with this. Its part parcel-trading and part strong/weak trading as described in @Dennis3450’s famous thread.
I intend to check the 20EMA slope on each of the 28 leading forex charts and log whether the slope is bullish or bearish for each currency. There are 7 charts per currency: noting the slope as bullish/bearish gives a total of 7-0 for a unanimously bullish set or 0-7 for a unanimously bearish set. The plan then will be on Monday morning UK time to buy the 7-0’s and sell the 0-7’s. Hold until Friday lunch-time (or some time Thursday if in the money and total net gain is accelerating).